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Indian Grocer, 37 Baltrum Drive, WOLLERT, VIC, 3750

2. Property Highlights

New 10 Year Lease to 2031 Strategically Situated in Growing Indian Community
  • 10 year lease to Feb 2031
  • Fixed 3% annual increases
  • Tenant pays usual outgoings

+ Secure 10 year lease to Feb 2031 plus options to 2041.

+ Large 156 sqm premises with dual retail frontage and high exposure.

+ Everest Grocer: Indian grocer strategically situated in one of Melbourne’s most densely populated Indian communities.

+ Fixed compounding 3% annual increases ensuring growth.

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

+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One.

+ Epping North: Melbourne’s northern growth corridor with an estimated 52% population growth by 2041.

+ Net Income: $53,040 pa + GST

For Sale by Investment Portfolio Auction

11am (AEST) Tuesday 28 September 2021

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

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3. Property Location

Indian Grocer, 37 Baltrum Drive, WOLLERT, VIC, 3750

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4. Due Diligence

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