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Snappy's Pizza, 4/85 Belleview Drive, SUNBURY, VIC, 3429

+10 Photos

+12 Photos

SOLD

Snappy's Pizza, 4/85 Belleview Drive, SUNBURY, VIC, 3429

Properties / Sold / Victoria / Sunbury

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Floor Area

125 m² (*approx)

Property Type

Offices, Retail, Child/Healthcare, Other

Sub-type

Cafe/Restaurant, Office Suites, Mixed Use, Consulting Rooms

Show All

2. Property Highlights

Secure Entry Level Investment – Positioned in Booming Northern Growth Corridor

7 year lease to 2027 + options to 2034
Fixed 3% annual rent increases
Tenant pays all usual outgoings

+ 7 year lease to November 2027 plus option to 2034.

+ Fixed 3% annual rent increases ensures rental growth.

+ Tenant pays usual outgoings as per the Lease

+ Modern 125sqm pizzeria with modern tenant fit-out.

+ Strategic position within the award wining Jackson's Hill Estate neighbouring a brand new childcare centre, Foodworks and within 300 metres of Sunbury Primary School and Sunbury Specialist School.

+ Single tenant minimum management investment.

+ Sunbury: satellite city 34km from Melbourne and servicing a 65,000+ catchment population.

+ Sunbury: estimated population of 42,494 expected to double over next 20 years to 86,640 by 2041, an increase of 103.89%.*

+ Net income: $52,143 pa + GST

For Sale by Investment Portfolio Auction

11am (AEST) Tuesday 28 September 2021

*GapMaps

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

Property Type

Offices, Retail, Child/Healthcare, Other

Sub-type

Cafe/Restaurant, Office Suites, Mixed Use, Consulting Rooms

Floor Area

125 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

Secure Entry Level Investment – Positioned in Booming Northern Growth Corridor

7 year lease to 2027 + options to 2034
Fixed 3% annual rent increases
Tenant pays all usual outgoings

+ 7 year lease to November 2027 plus option to 2034.

+ Fixed 3% annual rent increases ensures rental growth.

+ Tenant pays usual outgoings as per the Lease

+ Modern 125sqm pizzeria with modern tenant fit-out.

+ Strategic position within the award wining Jackson's Hill Estate neighbouring a brand new childcare centre, Foodworks and within 300 metres of Sunbury Primary School and Sunbury Specialist School.

+ Single tenant minimum management investment.

+ Sunbury: satellite city 34km from Melbourne and servicing a 65,000+ catchment population.

+ Sunbury: estimated population of 42,494 expected to double over next 20 years to 86,640 by 2041, an increase of 103.89%.*

+ Net income: $52,143 pa + GST

For Sale by Investment Portfolio Auction

11am (AEST) Tuesday 28 September 2021

*GapMaps

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

Tenanted Investment