Cafe & Laundromat, 1/4 Dalgety Street, OAKLEIGH, VIC, 3166

+ Brand new 5 year lease plus 5 year option to 2030

+ Rare and favourable 4% compounding annual rent increases

+ 145.3sqm ground floor café plus laundromat

+ Single tenant with two income streams assuring the security of the Lease

+ Investor preferred net lease terms with tenant paying all usual outgoings

+ Newly constructed retail premises with significant depreciation benefits

+ 5 secure car parks on title

+ Located within landmark Oros development including 270 apartments and 106 hotel rooms

+ 700m from Chadstone shopping centre – largest shopping centre in Australia with 530 specialty stores, office complex and 5-star Hotel Chadstone

+ Oakleigh: Established south-eastern suburb located only 14km from Melbourne’s CBD with a median house price of $1,351,000

+ Net income: $58,200 pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction

Tuesday 10th August 2021

Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

Remember to mention you found this property on CommercialReady.com.au