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Retail in Sale
Modern Drive-Through Investment, New 10 Year Lease
- Building: 87m²
- Land: 962m²
Ray White Retail are proud to present Good Brew Sale. For sale by Auction on Wednesday 10th June, 10:45am (AEST) at Level 28, 35 Collins Street, Melbourne.
|What|
• Single-tenanted fast food drive-through investment
• Brand new 10 year lease to 2036, with options through to 2056
• New, modern 2023 construction providing significant depreciation benefits
• Net Income of $94,685 + GST p.a.
|Where|
• High profile 962sqm* corner landholding
• 4 on-site car parks
• Exposure to over 106,000 vehicles weekly in a bustling retail hub
• Key regional Victorian town with over 15,000 residents
|Why|
• High-quality build
• Fixed 3% annual rental increases
• Expanding national coffee drive-through brand, with locations in Victoria, New South Wales & Queensland
• Ultra-convenient dual-lane drive-through
* Approximately
87m²
962m² / 0.24 acres
Tenanted
Retail, Showrooms/Bulky Goods, Land/Development
