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230 Somerton Road, Roxburgh Park VIC 3064

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230 Somerton Road, Roxburgh Park VIC 3064

230 Somerton Road, Roxburgh Park VIC 3064

Properties / Sold / Victoria / Roxburgh Park
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Friday 2 June, 12:00pm
Land Area
2,293 m² (*approx)
Floor Area
2293 m² (*approx)
Property Type
Retail
Sub-type
Large Format, Cafe/Restaurant
Terms
Secure 16 year Lease to October 2037
Est. Income
$142,223 p/a
Car Spaces
29
Show All

2. Property Highlights

EXTREMELY RARE GROUND LEASE INVESTMENT
  • Tripe Net Lease - Tenant Pays All OG's
  • Secure 16 Year Lease to Oct 2037
  • Returning $142,223 net pa plus GST

GormanKelly is pleased to offer 230 Somerton Road, Roxburgh Park for sale by Auction on Friday 2nd June, at 12pm onsite.

We believe the most outstanding aspects of this property include:

• Ground Lease to RG Restaurants, one of KFC’s largest Franchisees with 60 stores
• Exceptionally Rare Triple Net Lease - Tenant pays all outgoings incl. Land Tax and Maintenance
• Currently returning: $142,223 net pa plus GST
• Secure 16 year Lease to October 2037
• Strategic gateway site of 2,293sqm* with 29 car-spaces / Zoned Commercial 1
• High exposure corner location with 49.13m* frontage to Somerton Road
• Excellent long term development potential (STCA)
• Surrounded by various operators incl. Taco Bell, McDonalds, Subway, Hungry Jacks, Thirsty Camel, Roxburgh Park Hotel, Spotlight, Repco & Jaycar.
• Located at the gateway to Roxburgh Village, anchored by Coles and ALDI and only 600m* from Roxburgh Park Railway Station.

For more information, please contact Exclusive Selling Agents Nick Breheny, Francis Sbaglia or Robert Kelly from GormanKelly.
 

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Large Format, Cafe/Restaurant
Est. Income
$142,223 p/a
Terms
Secure 16 year Lease to October 2037
Land Area
2,293 m² (*approx)
Floor Area
2293 m² (*approx)
Car Spaces
29
Selling Method
Auction
Selling Details
Friday 2 June, 12:00pm

2. Property Highlights

EXTREMELY RARE GROUND LEASE INVESTMENT
  • Tripe Net Lease - Tenant Pays All OG's
  • Secure 16 Year Lease to Oct 2037
  • Returning $142,223 net pa plus GST

GormanKelly is pleased to offer 230 Somerton Road, Roxburgh Park for sale by Auction on Friday 2nd June, at 12pm onsite.

We believe the most outstanding aspects of this property include:

• Ground Lease to RG Restaurants, one of KFC’s largest Franchisees with 60 stores
• Exceptionally Rare Triple Net Lease - Tenant pays all outgoings incl. Land Tax and Maintenance
• Currently returning: $142,223 net pa plus GST
• Secure 16 year Lease to October 2037
• Strategic gateway site of 2,293sqm* with 29 car-spaces / Zoned Commercial 1
• High exposure corner location with 49.13m* frontage to Somerton Road
• Excellent long term development potential (STCA)
• Surrounded by various operators incl. Taco Bell, McDonalds, Subway, Hungry Jacks, Thirsty Camel, Roxburgh Park Hotel, Spotlight, Repco & Jaycar.
• Located at the gateway to Roxburgh Village, anchored by Coles and ALDI and only 600m* from Roxburgh Park Railway Station.

For more information, please contact Exclusive Selling Agents Nick Breheny, Francis Sbaglia or Robert Kelly from GormanKelly.
 

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Robert Kelly
Robert Kelly
+61 *** *** *** show +61 418 655 242
Francis Sbaglia
Francis Sbaglia
+61 *** *** *** show +61 418 565 918
Nick Breheny
Nick Breheny
+61 *** *** *** show +61 411 601 730

Download Development Site Report

3. Property Location

230 Somerton Road, Roxburgh Park VIC 3064

Property Map
Street View
230 Somerton Road, Roxburgh Park VIC 3064 Roxburgh Park
GormanKelly - Hawthorn
GormanKelly - Hawthorn
1/ 1 Oxley RoadHawthorn Vic 3122
View Agency Profile
Robert Kelly
Robert Kelly
+61 *** *** *** show +61 418 655 242
Francis Sbaglia
Francis Sbaglia
+61 *** *** *** show +61 418 565 918
Nick Breheny
Nick Breheny
+61 *** *** *** show +61 411 601 730
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