Gorman Commercial FOR SALE

495 Burwood Highway, Vermont South

auction

ENTRY-LEVEL RETAIL INVESTMENT

Gorman Allard Shelton is pleased to offer Shop 47, 495 Burwood Highway, Vermont South for sale via Public Auction on Thursday 29th September at 1pm on-site.

Outstanding entry-level retail investment located in the popular Vermont South Shopping Centre.

Key property attributes include:

* Long-term established tenant
* Current rental: $17,938 per annum + GST + outgoings
* Four (4) year lease (commenced 1st February 2020)
* Fixed 3% annual increases
* Two (2) further terms of four (4) years

Surrounded by major supermarkets and national retailers including Coles, Aldi, Liquorland, Petstock, Bakers Delight amongst many others, this location is exposed to high volumes of foot traffic and would make a terrific addition to your investment portfolio.

Listing Highlights

  • Entry-level Retail Investment
  • Long-term Established Tenant
  • Vibrant & Popular Shopping Centre

Property Details

Asset Type
Retail
Building Area
12 m2*
Price
Contact Agent

Tom Maule

0401 636 049

tmaule@gormancommercial.com.au