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Gross Waddell ICR - Commercial

264-270 Craigieburn Road Craigieburn, VIC 3064

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264-270 Craigieburn Road,
Craigieburn, VIC 3064

Shops & Retail • Development Sites & Land

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Gross Waddell ICR - Commercial
Raoul Salter

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
04183354...
Gross Waddell ICR - Commercial
264-270 Craigieburn Road
Craigieburn, VIC 3064

Map of 264-270 Craigieburn Road

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THE ULTIMATE CASHFLOW INVESTMENT

***SOLD***

Anchored by a 7 Eleven and Red Rooster, this active property provides a good diversity of income from six tenants across seven tenancies, in a high profile location.

Completed in 2018 this substantial investment property, ideally situated within one of Melbourne’s growth corridors, offers an opportunity for good cashflow and rental growth.

Located in immediate proximity of both Craigieburn Central and Craigieburn Junction Shopping Centres the property benefits from substantial passing traffic daily.

Property Highlight Features:

• 15 year lease to 7 Eleven & 10 year lease to Red Rooster
• Combined income of $777,429*p.a. net with fixed increases
• Significant Depreciation Benefits
• Building Area: 868m2*
• Land Area: 6,215m2*
• High profile location
• Close to both Craigieburn Central and Craigieburn Junction Shopping Centres

*Approx

Property ID: 503882894Last Updated: 1 Nov 2021

Gross Waddell ICR - Commercial
Level 1, 30 Collins Street
MELBOURNE, VIC 3000

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