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Pizza 1b, 1B/38 Craigieburn Road, CRAIGIEBURN, VIC, 3064

2. Property Highlights

Positioned on Woolworths Doorstep - Secure Entry Level Investment
  • 5 yr lease to 2022 + options to 2032
  • Fixed 3% annual rent increases
  • Direct access to 300+ shared car parks

+ Secure Five (5) year lease to November 2022 plus options to November 2032

+ Pizza 1B: Experienced operators, with a combined 40+ years in the food industry

+ Generous fixed 3% annual rent increases assuring growth

+ Well presented 65sqm pizzeria with direct access to 300+ shared car parks

+ Prime retail position located metres from Woolworths entrance

+ Secure ‘entry level’ investment opportunity

+ Located within Craigieburn Plaza amongst Woolworths, Shell/Viva, Woolworths Caltex, Cash Converters, TAB & Bottle-O

+ Craigieburn: Situated in Melbourne’s northern growth corridor with estimated 54% population growth by 2041

+ Net Income: $42,677 pa + GST

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 31 March 2021

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

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3. Property Location

Pizza 1b, 1B/38 Craigieburn Road, CRAIGIEBURN, VIC, 3064

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4. Due Diligence

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