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4/223 Bridge Road, Cobblebank, VIC, 3338

2. Property Highlights

Prized Supermarket Investment | New 10 Year Net Lease 2033
  • Long 10 year net lease to 2033
  • Fixed compounding 3% increases
  • New build with depreciation benefits

Burgess Rawson is delighted to offer to the market the Dee Ann's Supermarket at Shop 4, 223 Bridge Road, Cobblebank VIC for sale via Private Treaty

The property has the following investment highlights:

+ Long 10-year lease to March 2033 plus option to 2038

+ Landlord preferred, net lease terms with tenants paying all usual outgoings

+ Fixed compounding 3% annual increases

+ Dee Ann's Supermarket: New and exciting supermarket strategically positioned within the Atherstone Estate (4,500 lots*) to cater for a growing community.

+ Brand new build providing significant tax saving depreciation benefits

+Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.

+Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department and will create more than 700 - 1,700 direct and indirect jobs during construciton.

+ City of Melton: Booming Melbourne growth suburb, 98% forecast population growth by 2051

+ Net income: $120,000 pa + GST

To be sold via Private Treaty

To arrange an inspection, or for more information, please contact the exclusive selling agents:

SHAUN VENABLES

0411 860 865

svenables@burgessrawson.com.au

DAVID NAPOLEONE

0417 308 067

dnapoleone@burgessrawson.com.au

JUSTIN KRAMERSH

0460 349 605

jkramersh@burgessrawson.com.au

LIMING QIAO

0447 288 323

lqiao@burgessrawson.com.au

Remember to mention you found this property on CommercialReady

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3. Property Location

4/223 Bridge Road, Cobblebank, VIC, 3338

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