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Dili Bakehouse, 3/1-9 Mareeba Way, CRAIGIEBURN, VIC, 3064

+8 Photos

+10 Photos

SOLD

Dili Bakehouse, 3/1-9 Mareeba Way, CRAIGIEBURN, VIC, 3064

Properties / Sold / Victoria / Craigieburn

Tenanted Investment

1. Property Summary

Selling Method

For Sale

Selling Details

Price on Request

Floor Area

85 m² (*approx)

Property Type

Offices, Retail, Child/Healthcare

Sub-type

Strip Retail, Education/Schools, Serviced Offices

Show All

2. Property Highlights

Long 12 Year Lease to July 2027 – Rare 4% Fixed Annual Rent Increases

Long term tenant – 10+ years
Direct access to 65 car parks
Situated in major growth area

+ Recent six (6) year lease term extension to July 2027 plus options to July 2036.

+ Dili Bakehouse: Successful business in occupation since 2009.

+ Strength of tenant highlighted by early six (6) year lease extension during COVID-19.

+ Rare 4% fixed annual rent increases assuring growth.

+ Modern 85 sqm bakery with direct access to 65 car parks.

+ 100% occupied convenience centre anchored by Chemist Warehouse & Medical Centre.

+ Positioned in established residential area near Mount Ridley College (2,600 students), Craigieburn Primary School (850 students) and Mother Teresa Catholic Primary School (177 students).

+ Craigieburn: Booming suburb in Melbourne’s northern growth corridor with estimated 54% population growth by 2041.

+ Net Rent: $49,941.32 pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 9 December

Remember to mention you found this property on CommercialReady.com.au

Property Type

Offices, Retail, Child/Healthcare

Sub-type

Strip Retail, Education/Schools, Serviced Offices

Floor Area

85 m² (*approx)

Selling Method

For Sale

Selling Details

Price on Request

2. Property Highlights

Long 12 Year Lease to July 2027 – Rare 4% Fixed Annual Rent Increases

Long term tenant – 10+ years
Direct access to 65 car parks
Situated in major growth area

+ Recent six (6) year lease term extension to July 2027 plus options to July 2036.

+ Dili Bakehouse: Successful business in occupation since 2009.

+ Strength of tenant highlighted by early six (6) year lease extension during COVID-19.

+ Rare 4% fixed annual rent increases assuring growth.

+ Modern 85 sqm bakery with direct access to 65 car parks.

+ 100% occupied convenience centre anchored by Chemist Warehouse & Medical Centre.

+ Positioned in established residential area near Mount Ridley College (2,600 students), Craigieburn Primary School (850 students) and Mother Teresa Catholic Primary School (177 students).

+ Craigieburn: Booming suburb in Melbourne’s northern growth corridor with estimated 54% population growth by 2041.

+ Net Rent: $49,941.32 pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 9 December

Remember to mention you found this property on CommercialReady.com.au

Tenanted Investment