New 12 Year Lease...Good Call
SOLD
Cnr Warrandyte & Loughnans Rds
Ringwood East VIC 3135
Retail
FOR SALE
2956m2
A substantial land holding with a brand new 12 year lease to 7-Eleven Stores Pty Ltd. Located at the intersection of Warrandyte and Loughnan Roads within the heart of prime residential living. This property provides a secure long term investment with strong rental growth.
Term: 12 years + 3x5 year options;
Current rental: $215,000p.a (approx) plus GST;
4% annual increases;
Land area: 2,956sqm (approx);
Tenant pays all outgoings (except land tax).
For Sale by Public Auction, 12 noon, Thursday 17th November, 2011 onsite.
For further information please contact Steve Bolton 0419 323 997 or Ben Galanos 0448 678 338.
Term: 12 years + 3x5 year options;
Current rental: $215,000p.a (approx) plus GST;
4% annual increases;
Land area: 2,956sqm (approx);
Tenant pays all outgoings (except land tax).
For Sale by Public Auction, 12 noon, Thursday 17th November, 2011 onsite.
For further information please contact Steve Bolton 0419 323 997 or Ben Galanos 0448 678 338.