Burgess Rawson together with Kelemen Commercial is pleased to offer to market Scicluna's in Mentone for sale by Public Auction to be held on-site at 2pm (AEDT) on Friday 21 March 2025. Key highlights include: + Long term tenant with lease option ending 2029 - No Further Option! + Scicluna’s: trusted fresh produce family-owned stores in Tooronga, Sorrento & Mentone + Scicluna’s Mentone, an institution since 2003 + Boutique 687sqm* providore with usual supermarket offerings plus primo delicatessen + Ultra impressive fully sick rustic warehouse style tenant funded fit-out + Net lease, with tenant paying all usual outgoings as per the lease + Fixed 4% annual rent increases + Prime 725sqm* freehold site with dual 22 metre* retail frontage and clear visual exposure to Woolworths car park (rear) + Activity Centre 2 Zone, ripe for development (STCA) + High-exposure location with strong foot traffic and accessibility, opposite Mentone railway station + Mentone: affluent south-east Bayside suburb, some 21 klms from Melbourne CBD, annual economic output $1.625 billion** + Net Income: $245,670 pa* + GST Public Auction held on-site 2 pm AEDT on Friday 21 March 2025. For further information or to organise a personal inspection, please contact the exclusive marketing and sales agents directly. Burgess Rawson Raoul Holderhead 0413 860 304 Kelemen Commercial Rudy Kelemen 0419 558 803 * Approx ** Remplan
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic
Propriété ID: 504795348