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Pizza & Pasta Cafe, 4/41-43 Kirkwood Crescent, HAMPTON PARK, VIC, 3976

2. Property Highlights

Long 10 Year Lease to 2030 to Established and Proven Operator
  • New 10 year lease to 2030
  • Fixed 3% rent increases
  • Affordable Entry Level Investment

+ Long 10 Year lease to 2030 plus 2x5 year options to 2040.

+ 97.5sqm premises plus alfresco area.

+ Rare 3% rent increases assures rental growth.

+ Tenant pays all usual outgoings.

+ Kirkwood Plaza Medical Centre – Part of the Southern Cross GP network with 15 centres across Victoria.

+ Anchored and supported by adjoining Aldi, Chemist Warehouse and medical centre.

+ Strategically positioned in Melbourne’s booming South-Eastern growth corridor.

+ 25 car parks at shop front plus further 100+ car spaces in adjoining shopping centre.

+ City of Casey: Melbourne’s major South-Eastern growth corridor. Population forecast to grow to 550,000* by 2041^.

+ Net Income: $40,000 pa.

For Sale by Investment Portfolio Auction

11AM (AEDT) Wednesday 24 February 2021

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

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3. Property Location

Pizza & Pasta Cafe, 4/41-43 Kirkwood Crescent, HAMPTON PARK, VIC, 3976

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4. Due Diligence

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