98,100 & 102 Wheatsheaf Road,
Glenroy, VIC 3046

Shops & Retail • Offices • Medical & Consulting

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LEASED INVESTMENT OPPORTUNITY - NO GST PAYABLE

NO GST PAYABLE
THREE SEPARATE TITLES
LONG STANDING TENANTS

- Superbly positioned shops within walking distance to Glenroy Station and 13km's from the CBD
- Combined rental return of $36,500 per annum plus all outgoings
- Potential future shop/top mixed-use development opportunity
- Rear access via Browns Lane
- Three separate titles
- Zoned Commercial One

Number 98:
- Currently returning $12,000 per annum plus all outgoings with annual CPI increases
- Leased to the long-standing tenant on a 3-year lease term from 1.6.2019
- Land area: 114sqm
- Building area: 114sqm

Number 100:
- Land area: 100sqm
- Building area: 60sqm
- Currently returning $12,500 per annum plus all outgoings
- Annual CPI increases with a market review in year one of the further term
- Leased to the longstanding tenant on a 2 plus 3-year lease term from 1.7.2019

Number 102:
- Land area: 91sqm
- Building area: 60sqm
- Currently returning $12,000 per annum plus all outgoings
- Lease terms 3 plus 3 plus 3 plus 3 years from 1.7.2019

Property ID: 503532862Last Updated: 15 Sep 2020

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