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Cellarbrations, 4/1A Zoe Drive (Corner Epping Road), WOLLERT, VIC, 3750

2. Property Highlights

Entry Level Liquor Investment in Melbourne's Northern Growth Corridor
  • Long 7 year lease plus options to 2033
  • Rare fixed 4% annual rent increases
  • Tenant pays all usual outgoings

+ Long 7 year lease to 2023 plus options to 2033.

+ Rare fixed 4% annual increases assuring rental growth.

+ Cellarbrations: Hugely successful independent liquor chain with 500+ stores Australia wide.

+ Highly sought after ‘essential service’ liquor investment.

+ Modern 111sqm building constructed in 2017 with tenant fit-out.

+ Excellent tax saving depreciation benefits.

+ Single tenant,minimum management investment.

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

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

+ Net Income: $49,494 pa+ GST.

For Sale for by Investment Portfolio Auction

10:30am (AEST) Wednesday 12 May 2021

Crown Casino, Melbourne

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

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3. Property Location

Cellarbrations, 4/1A Zoe Drive (Corner Epping Road), WOLLERT, VIC, 3750

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4. Due Diligence

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