AUCTION - CAFE INVESTMENT - FOOTSCRAY ACTIVITY CENTRE 236 Barkly St FOOTSCRAY VIC

Description

SOLD

Auction Date 11:00 AM Wednesday, 12 December 2018

PREMIUM RETAIL INVESTMENT OPPORTUNITY

Outstanding opportunity to acquire an exceptional retail investment property
5+5+5 year lease to New Leaf Cafe
Lease commencing Nov 2016
Current net annual rental $37,131pa net + GST
Annual rental increasing 3% annually then to market
Outgoings payable by tenant



High volume foot traffic in AAA retail strip



Located in heart of Footscray on Barkly Street
On site secure car parking on title for 1 car
Rear access to secure car parking
Self contained inc amenities & kitchenette
Close proximity to train station & markets
Footscray Activity Centre Zoning
1 of 3 shops to be auctioned individually - refer to 238 & 234 Barkly St
Investment report & contract/sale documentation available upon request
Open for inspection Wednesdays 12.30 - 1.00 pm or by appointment

(Auction Terms:)