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Indian Restaurant, 5/1A Zoe Drive, WOLLERT, VIC, 3750

2. Property Highlights

Entry Level Investment - Established Indian Restaurant with Take Away
  • Leased to Sep 2024 + options to 2029
  • Rare 4% annual increases
  • Tenant pays all usual outgoings

+ Secure lease to Sep 2024 plus options to 2029

+ Rare fixed 4% increases ensuring rental growth.

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

+ Leased to established & successful operator

+ Newly constructed 110sqm shop with high quality fit-out

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

+ Wollert: within Melbourne’s fast growing northern growth corridor with estimated 52% population growth by 2041.

+ Net Income: $57,907 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 Restaurant, 5/1A Zoe Drive, WOLLERT, VIC, 3750

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4. Due Diligence

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