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Shop 4/1 Madden Boulevard, TARNEIT, VIC, 3029

2. Property Highlights

New Entry Level Investment - Brand New 5 Year Lease + Opts to 2031
  • New 5 Year Lease + Opts to 2031
  • Fixed 4% Annual Increases
  • Tenant pays usual outgoings

+ Brand new 5-year lease to 2026 plus option to 2031.

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

+ Rare, fixed compounding 4% rent increases – ensuring rental growth.

+ Constructed in 2021, providing significant depreciation benefits.

+ Modern 87sqm real estate office.

+ 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: $47,850* 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 4/1 Madden Boulevard, TARNEIT, VIC, 3029

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4. Due Diligence

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