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Benalla Bakery, Lot 2/57 Smythe Street, BENALLA, VIC, 3672

2. Property Highlights

Long Proven Bakery Only Metres From Woolworths
  • Brand New 5+5 Year Net Lease
  • Fixed 3% annual rent increases
  • Central amongst national retailers

+ Renewed 5 year lease plus 5 year option through to 2031

+ Fixed 3% annual rent increases – assuring growth

+ Long established bakery circa 1998, originally Bakers Delight

+ Lessee pays all usual outgoings as per lease

+ 91 sqm premises with exposure to adjoining Woolworths & ALDI supermarkets plus parking

+ Central amongst McDonald’s, KFC, Subway and other retailers

+ Benalla: strong regional centre, trade catchment circa 14,000+

+ Net Income: $42,024 pa + GST

For Sale by Investment Portfolio Auction

11am (AEST) Tuesday 28 September 2021

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

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3. Property Location

Benalla Bakery, Lot 2/57 Smythe Street, BENALLA, VIC, 3672

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4. Due Diligence

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Benalla Bakery, Lot 2/57 Smythe Street, BENALLA, VIC, 3672 Benalla
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