SOLD

5/191-193 Hull Road (Corner Manchester Road), Mooroolbark, VIC 3138

Blue Chip Retail Investment Adjoining McDonalds

Secure 10 year lease to 2026 plus options to 2036
Director’s guarantee & three month security deposit in place
Fixed annual 3% rent increases
Tenant pays all usual outgoings as per the lease
Well presented 174 sqm high exposure corner building with rear access
Strategic retail position adjoining McDonald’s and five-ways intersection
Potential future development upside (STCA) with opposite corner building approved for two additional office levels
Inspirations Paint: Australia’s largest network of paint stores with over 100 stores across the country – strategic alliance with DuluxGroup
Single tenant, minimum management investment
Mooroolbark: Blue chip eastern Melbourne suburb, 31km from the CBD – 70.9% median house price growth in the last 5 years
Rent: $61,001 pa

Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne
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Property Info

Municipality
Mooroolbark

AUCTION

Wednesday, 12 Sep 2018
11:00 am
  • 174 Sqm

Beau Coulter

03 961 ...

Burgess Rawson Melbourne Melbourne

Level 7, 140 Bourke Street

Melbourne, VIC 3000

Tel: 03 9613 0400

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