Burgess Rawson is pleased to offer to market ‘Lyndale Pharmacy’ and 'Blue Whale Laundry' located at 68 Menzies Avenue & 28A Curtis Crescent, Dandenong North VIC for sale via Auction Investment Portfolio 172. The property has the following key investment highlights: + Seven (7) year net lease to Lyndale Pharmacy with three further 7-year options to 2049. + Lyndale Pharmacy: longstanding local pharmacy provider on-site 60+ years. + Five (5) year net lease to Blue Whale Coin Laundry to 2027 plus options to 2037. + Blue Whale Laundry: fully functioning self-service coin laundry open 7 days a week. + Fixed 3% annual rent increases across both tenancies, ensuring income growth. + Investor preferred net lease terms with both tenants responsible for all usual outgoings. + Prominent 215sqm* corner landholding with impressive 40m* triple street frontage (Menzies Ave & Curtis Cres) including ROW laneway access at rear of building. + Inner metropolitan location with Woolworths, Coles, ALDI, and Armada Dandenong Plaza all within 2 kilometres.* + Greater Dandenong: 30 kilometres south east from Melbourne CBD, home to 163,000+ residents and with an annual economic output of $58.23 billion. (1) + Net Income: $95,069 pa* + GST For Sale by Investment Portfolio Auction 10:30am AEDT Wednesday 30 October 2024 River Room - Crown Casino, Melbourne * Approx 1 REMPlan
ส่งอีเมลสอบถามได้ที่ Burgess Rawson - Melbourne
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