Blue Chip Investment

Description

Crabtrees Real Estate are pleased to offer this securely leased AAA investment for private sale. On offer is a high exposure main road retail investment leased to national architectural paint supplier, DuluxGroup.

Key attributes of the property include:
+ Securely leased to DuluxGroup (Australia)
+ Building area: 853sqm approximately
+ Land area: 998sqm approximately
+ Income: $214,918 p/a NET (tenant pays all outgoings including land tax)
+ Lease term: 5 x 5 years from 26/9/2017
+ Favourable Commercial 1 zoning
+ Premium high exposure location
+ Dual frontages
+ Ample parking
+ Ultimate secure investment

The property is located on Springvale Road near the major intersection of Princes Highway in a prominent shopping centre anchored by tenants including Coles, Supercheap Auto, KFC, Spotlight, Subway, Pizza Hut, Hungry Jacks & Jetts Fitness to name a few.

TERMS: 10% DEPOSIT BALANCE 30-60 DAYS

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

features

  • Car Parking - Surface
  • Close to Shops
  • Close to Transport
  • Existing Fitout
  • High Clearance

Springvale

1/9-13 Springvale Road
Contact Agent
Land Size: 998 sqm

overview

  • 1P4429
  • Contact Agent
  • Showrooms/Bulky Goods
  • Sold
  • 1/9-13 Springvale Road Springvale VIC
  • 853 sqm
  • 998 sqm