Caltex Springvale - 10 Year Lease

SOLD

154-172 Springvale Road

Springvale VIC 3171

Retail

FOR SALE

1978m2

    • Building Name Caltex Springvale
• 10 + 5 + 5 year lease to Caltex Australia
• Publicly listed, bluechip covenant
• Net passing rental of $265,434 pa* + GST
• 1,978sqm* land area with a 62m* frontage to Springvale Road
• Versatile Commercial 2 Zoning
• Tenant responsible for outgoings including Land Tax
• Prime corner location in the heart of the Springvale shopping centre
• 200m* north of Springvale Train Station, where State Government has recently invested $159 million in the redevelopment of the station and the most expensive grade seperation ever undertaken in Victoria