FREESTANDING COMMERCIAL FREEHOLD UNDERPINNED BY 10 YEAR SECURE LEASE TO AN INDUSTRY TITAN!
Jones Real Estate is pleased to present the outstanding and freestanding freehold investment that is Juliette Coffee & Bread 3135.
This impeccable commercial investment opportunity is for sale via Expressions of Interest, closing 3rd March 2021 at 12pm.
Words will not do this property justice. Book an inspection now that the whole building refurbishment is 100% complete!
Key highlights of this blue chip and passive opportunity include;
- Fully leased to a very prominent and award winning tenant returning $75,000 per annum plus GST and Outgoings
- Outstanding national lease covenant trading as "Juliette Coffee & Bread 3135" operated by well renowned, respected and highly regarded national business "Only Hospitality Group"
- A secure and brand new 10-year initial lease over the entirety of the property including the superbly renovated 3 bedroom, 2 bathroom residence – future proofing and diversifying this blue chip investment opportunity for the long term
- Optional terms securing the asset until 2045
- 3% fixed annual rental increases
- A six month bank guarantee safeguarding your investment
- Favourable Commercial 1 Zoning (C1Z) allowing for long term redevelopment^
- Strategically positioned within the heart of the leafy suburb of Ringwood East, nearby Hospitals, Public & Private Schools, Public Transport and major arterial roads
Access to the online data room, containing due diligence information is available upon request.
The property is For Sale via Expressions of Interest closing Wednesday 3rd March 2021 at 12pm.
*approx.
^Subject to council approval
Please contact Jones Real Estate for further information.
Remember to mention you found this property on CommercialReady.com.au
