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5/2-10 William Thwaites Boulevard, CRANBOURNE NORTH, VIC, 3977
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5/2-10 William Thwaites Boulevard, CRANBOURNE NORTH, VIC, 3977

2. Property Highlights

Brand New 10 Year Lease to 2031 with Fixed 3% Increases
  • 10 Year lease to 2031 + options to 2041
  • Fixed 3% annual rent increases
  • Tenant pays all usual outgoings

Brand new Ten (10) year lease to November 2031 plus options to 2041.

Eves' Pizzeria and Gelato Bar: proven operators with 10+ years hospitality experience.

Fixed 3% annual rent increases assuring growth.

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

Immaculate 103sqm* pizzeria and gelato bar with significant frontage and exposure to William Thwaites Boulevard.

Situated in 100% occupied Neighbourhood Centre including IGA Supermarket, Chemist Warehouse and Medical Centre.

Prime 'entry level' investment.

Cranbourne North: situated in City of Casey, 8th fastest growing municipality in Australia.**

Net Income: $47,740pa + GST (as at November 2022).

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 14 September 2022

Crown Casino - River Room - Melbourne

*Approx

**City of Casey

Remember to mention you found this property on CommercialReady

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Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
Justin Kramersh
Justin Kramersh
+61 *** *** *** show +61 460 349 605

3. Property Location

5/2-10 William Thwaites Boulevard, CRANBOURNE NORTH, VIC, 3977

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4. Due Diligence

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5/2-10 William Thwaites Boulevard, CRANBOURNE NORTH, VIC, 3977 Cranbourne North
Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 20/150 Lonsdale St, Melbourne VIC 3000
Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
Justin Kramersh
Justin Kramersh
+61 *** *** *** show +61 460 349 605
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