- Securely Leased to Dulux
- Income: $228,093 pa net
- Leased to 2024 plus options
Description
Gorman Commercial has pleasure in offering this securely leased investment for your consideration. On offer is a two-level retail freehold investment leased to national architectural paint supplier, DuluxGroup.
Auction: Thursday 20th February at 12 noon on-site
Key attributes of the property include:
* Securely leased to DuluxGroup (Australia)
* Land area: 955 sqm (approx.)
* Building area: 609 sqm (approx.)
* Income: $228,093 pa net (tenant pays all outgoings including land tax)
* Lease term: 7 years (expiry 2024) plus options
* Dual street frontage + basement parking
* Ultimate investment with future development potential
The property is located on Doncaster Road in close proximity to well-known car dealerships and major retailers, as well as being in close proximity to Westfield Doncaster Shopping Centre. Well-serviced by numerous bus services and with easy access to the Melbourne CBD via the Eastern Freeway.
Open For Inspection:
Thursday: 2.30pm - 3:00pm
Please confirm your attendance to ensure the exclusive sales agents can notify you of any changes.
Gorman Commercial:
Andrew Prowse +61 418 534 076
Jonathon McCormack +61 418 835 885