Strong performing retail investments

SOLD

23, 25 & 29 St Mangos Lane

Docklands VIC 3008

Retail

FOR SALE

296m2

• AUCTION 11.30am Friday 10 September 2010, on-site
• Leased to Metro Real Estate Service Pty Ltd
• 2 + 2 + 2 year lease
• New lease from 1 July 2010
• Net annual rental: $118,200p.a.*
• Rental increases of 4% annually
• Area: 295.50sqm*
• Established business in growth region
• Located within the heart of the New Quay precinct
• Wide frontage to St Mangos Lane in busy thoroughfare

LICENCE AGREEMENT TO NAB (ATM)
• Net annual retail: $9,853 p.a.*
• Lease commenced 22 April 2004
• 5 + 5 + 5 + 5 Year terms
• Rental increases of 3% annually
* approx

Sales enquiries please contact:
Martin Fallon
0431 600 188
martin.fallon@ap.jll.com

Matthieu Lucas
0412 064 044
matthieu.lucas@ap.jll.com