72b and 72c Maroondah Highway,
Croydon, VIC 3136

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Outstanding Investment Opportunity. New 10 Year Lease to Established Tenant.

New 10 year lease to Established tenant
Rental $76,403pa* + outgoings + GST
High Yielding Secure Retail Investment

Hockingstuart Commercial are pleased to offer to the market 72B and 72C Maroondah Hwy, Croydon to be sold via public on-site auction Wednesday 7th March at 2:30pm.

Highlighted key features are:
- New 10 year lease to Mexican eatery 'Carlos Cantina' to 2026
- Established tenant with multiple Mexican restaurants
- Returning $76,403pa* + outgoings + GST with annual fixed 5% rental increases
- Highly convenient rear access with onsite car parking
- Premium land area of 330sqm* and within flexible Commercial 1 zoning
- Strategically located within Melbourne's eastern growth corridor
- A most tightly held and thriving local retail strip
- An abundance of public car parking available to customers
- Excellent exposure to huge daily passing traffic
- Note: No owners corporation, Freehold title

*approx
Contact agents:
Charles Carty 0438 277 0...

Property ID: 502698478Last Updated: 9 Jul 2019

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