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Shop 3/1 Madden Boulevard, TARNEIT, VIC, 3029

2. Property Highlights

New 10 Year Lease to 2031 Strategically Situated in Growing Indian Community
  • New 10 year lease to 2031
  • Fixed 3% annual increases
  • Tenant pays usual outgoings

+ Brand new 10-year lease to 2031 plus options to 2041.

+ Landlord favourable, net lease terms with tenant paying all outgoings.

+ Annual fixed compounding 3% rent increases – ensuring rental growth.

+ Constructed in 2021, providing significant depreciation benefits.

+ Purpose built, state of the art 87sqm medical facility.

+ 46 on site parking including 26 car parks dedicated to childcare centre.

+ Surrounded by important social infrastructure, including 4 schools within 2km servicing a combined 4,174 full time students.**

+ Wyndham City: one of Australia’s largest growth areas – forecast population increase of 82% to 512,591 residents by 2041.

+ Net Income: $39,150* pa + GST

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

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3. Property Location

Shop 3/1 Madden Boulevard, TARNEIT, VIC, 3029

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4. Due Diligence

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