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34-38 Princes Highway, SALE, VIC, 3850

2. Property Highlights

Brand New 5 Year Lease - A Sale Institution for Over 60 Years
  • Brand new 5-year lease
  • Fixed 3% rent increases
  • Tenant pays all outgoings

+Brand new Five (5) year lease to 2027 plus options to 2032.

+Grow Master: long established and successful garden centre, homewares and gift store.

+Investor preferred net lease terms with tenant paying all usual outgoings.

+Generous fixed 3% annual rent increases assuring growth.

+Well presented improvements totalling 940sqm* plus sealed and lined customer parking.

+Significant 6,177sqm* site with important 40 metre* highway frontage.

+Sale: numerous economic drivers and a trade catchment exceeding 32,000.

+Net Income: $120,000pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 30 March 2022

Crown Casino - River Room

*Approx

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3. Property Location

34-38 Princes Highway, SALE, VIC, 3850

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4. Due Diligence

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