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Middlemist Cafe & Bar, Shop 8/41-43 Kirkwood Crescent, HAMPTON PARK, VIC, 3976

2. Property Highlights

Superb Entry Level Investment in Growth Corridor
  • Extended Long 7 Year Lease to 2026
  • Fixed 3% Annual Increases
  • Tenant pays all usual outgoings

+ Extended 7 Year lease to December 2026 plus options to 2036.

+ Prominent 86sqm corner premises with extensive north facing alfresco

+ Fixed 3% rent increases assures rental growth.

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

+ Busy business with established clientele

+ 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: $36,494 pa (as at 1 Jan 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

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3. Property Location

Middlemist Cafe & Bar, Shop 8/41-43 Kirkwood Crescent, HAMPTON PARK, VIC, 3976

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