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Laundromat, Shop 6/41-43 Kirkwood Crescent, HAMPTON PARK, VIC, 3976

2. Property Highlights

Clean Commercial Investment Starter - Extended 8 Year Lease
  • 8 Year Lease plus Options to 2036
  • New $100k Tenant Funded Upgrade
  • Fixed 3% Annual Rent Increases

+ Extended 8 Year lease to experienced multi outlet operator plus option to 2036.

+ Modern 102sqm laundromat constructed in 2018.

+ Fixed 3% rent increases assures rental growth.

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

+ $100,000 new tenant funded upgrade.

+ 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: $42,500 pa + GST

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

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3. Property Location

Laundromat, Shop 6/41-43 Kirkwood Crescent, HAMPTON PARK, VIC, 3976

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