Premium Freestanding Metropolitan Melbourne Investment – Booming Growth Location
+High profile retail complex comprising 3 retail shops and car wash.
+Anchored by a new 7-Eleven Service Station, Starbucks Restaurant and under construction a 600-unit National Storage building.
+Complementary retail mix including restaurants and car wash with potential to sub-divide and on-sale (STCA).
+Attractive net lease with annual, fixed compounding 4% rent increases.
+Brand new construction offering significant depreciation benefits.
+Landlord-favorable, net lease terms with tenants paying all outgoings except land tax.
+New 620 sqm* building with direct access to 11 sealed and lined on-site parking spaces.
+Prime 1,659 sqm* landholding with extensive frontage and exposure to 19,000 vehicles passing daily.***
+Surrounded by important social infrastructure including 16 schools in a 3km radius servicing 9,800* full-time students.***
+Strategic location minutes from Highpoint Shopping Centre and Large Format Retail Precinct supported by Bunnings Warehouse, Harvey Norman, Spotlight, Officeworks, Good Guys and JB Hi-Fi.
+Key landholding within precinct earmarked by Council for transition to mixed use developments.****
+Maribyrnong City: 8km* north-west of Melbourne CBD, projecting significant population growth of 67% to 164,637 residents by 2051.*****
+Maidstone: Fast-growing metro suburb projecting a massive 86% population growth by 2051.*****
+Estimated Net Rent: $205,104 pa + GST.
To be sold by Private Sale
*approx
**Source: Mazo Pty Ltd
*** Source: Gapmaps
**** Source: Maribyrnong City Council
***** Source: Forecast.id
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
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