737 Plenty Road,
Mill Park, VIC 3082
Shops & Retail
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Sold
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Map of 737 Plenty Road
SOLD - AN INVESTMENT WITH THE LOT - STRONG PERFORMING FREESTANDING HUNGRY JACKS
- BLUE CHIP FREESTANDING INVESTMENT
- DOMINANT STANDALONE CORNER STORE
- STRONG PERFORMING
A very rarely offered blue chip investment fully leased to Hungry Jacks
Dominant standalone corner store currently liable for turnover rent and growing at more than 11% per annum*
Located opposite Bunnings Warehouse and Rivergum Village Shopping Centre, and adjoining KFC and Domino's Pizza
Strategic multi frontage land holding of 2,487 sqm*, with outstanding exposure to Plenty Road, which is passed by 39,000 cars daily*
Highly convenient at-grade car park for 23 vehicles* on title, together with an additional 20 within the common area
One of the most landlord favoured leases available in the market, with fixed 3% annual rental increases plus provisions for turnover rent (which Hungry Jacks are currently liable for)
Passing net income of $250,000* per annum, which has shown consistent growth year on year, in line with trading performance
THE PROPERTY HAS BEEN SOLD - TO ACCESS A SALES ANALYSIS PLEASE EMAIL THE BELOW.
Rorey James
+61 439 400 081
Justin Dowers
+61 438 098 805
Mark Wizel
+61 409 809 868
Dominant standalone corner store currently liable for turnover rent and growing at more than 11% per annum*
Located opposite Bunnings Warehouse and Rivergum Village Shopping Centre, and adjoining KFC and Domino's Pizza
Strategic multi frontage land holding of 2,487 sqm*, with outstanding exposure to Plenty Road, which is passed by 39,000 cars daily*
Highly convenient at-grade car park for 23 vehicles* on title, together with an additional 20 within the common area
One of the most landlord favoured leases available in the market, with fixed 3% annual rental increases plus provisions for turnover rent (which Hungry Jacks are currently liable for)
Passing net income of $250,000* per annum, which has shown consistent growth year on year, in line with trading performance
THE PROPERTY HAS BEEN SOLD - TO ACCESS A SALES ANALYSIS PLEASE EMAIL THE BELOW.
Rorey James
+61 439 400 081
Justin Dowers
+61 438 098 805
Mark Wizel
+61 409 809 868
Property ID: 501711669Last Updated: 3 Oct 2023
03 8621 33...
737 Plenty Road
Mill Park, VIC 3082
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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