Watch Watch
Back
×
Sold Check
+9 Photos
Crecole Corner Take Away, Shop 5/41-43 Kirkwood Crescent, HAMPTON PARK, VIC, 3976

2. Property Highlights

Affordable Entry Level Investment With New 7 Year Lease
  • New 7 year lease to 2028
  • Fixed 3% annual increases
  • Affordable Entry Level Investment

+ New 7 Year lease to a popular local operator plus option to 2038.

+ Modern 100sqm Takeaway restaurant constructed in 2018.

+ Fixed 3% rent increases assures rental growth.

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

+ Anchored and supported by adjoining ALDI, Chemist Warehouse and medical centre.

+ Strategically positioned in Melbourne’s booming South-Eastern growth corridor.

+ 26 car parks at shop front plus further 109 car spaces in adjoining shopping centre.

+ City of Casey: Melbourne’s major South-Eastern growth corridor. Population forecast to grow by 44% to 549,190 by 2041^.

+ Net Income: $41,200 pa (as at 29 Feb 2022)

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 15 December 2021

River Room, Crown Casino, Melbourne

3 other Hampton Park freehold investments also available.

^Forecast.id

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

Read More

3. Property Location

Crecole Corner Take Away, Shop 5/41-43 Kirkwood Crescent, HAMPTON PARK, VIC, 3976

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
calculator-icon Yield Calculator
calcultor-icon Yield Calculator