600 Ballarat Road, SUNSHINE, VIC, 3020

+ Brand new 12 year lease plus two (2) x 10 year options through to 2054.

+ National Tiles: A national retail icon since 1979, currently with over 500 employees through 38 stores nationally and a further imminent rollout of new stores

Australia wide.

+ Record FY21 turnover circa $150 million, with 17% average annual revenue growth over the last 5 years.

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

+ Rare security with 6 month Bank Guarantee.

+ Annual, fixed compounding 3% increases- assuring long term rental growth.

+ Modern and flexible 1,400sqm* retail showroom, office and warehouse with excellent clear span and storage.

+ Substantial 3,716sqm* freehold site with easy access to trade shop and ‘rear turning circle’ plus 22 on site car spaces.

+ Superb exposure on the inbound side of major road- Ballarat Road with 42,000 vehicles passing daily.

+ Outstanding location with an abundance of leading tenants surrounding.

+ Sunshine: Booming gateway suburb of Melbourne’s west, 12kms* from the CBD

+ Sunshine population forecasted to grow by 71.5% by 2041**

+ Rent: $200,725 pa* + GST

*approx.

**realestate.com.au

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 23 February 2022

Crown Casino, Melbourne.

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