Bakers Delight, 111 Lower Plenty Road,
Rosanna, VIC 3084
Shops & Retail • Medical & Consulting • Offices
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Bakers Delight, 111 Lower Plenty Road
Rosanna, VIC 3084
Map of Bakers Delight, 111 Lower Plenty Road
Proven Bakers Delight Store Trading On-Site Circa 40 Years
- Recent 2021 tenant funded upgrades
- Potential future rental uplift
- Tenant pays all usual outgoings
Burgess Rawson are pleased to offer to market Bakers Delight, 111 Lower Plenty Road, Rosanna (Melbourne) VIC for sale via our National Investment Portfolio Auction 169.
This investment has the following key highlights:
+ Proven store, with Bakers Delight trading on-site circa 40 years.
+ Recent 2021 tenant funded store upgrades to latest Bakers Delight corporate standard.
+ Renewed Five (5) year lease through to 2025 plus options to 2035 to longstanding tenant.
+ Bakers Delight: multi-national bakery with 700+ locations.
+ Investor preferred net lease terms, with tenant paying all usual outgoings as per lease.
+ Low rent per/sqm providing opportunity for future rental uplift.
+ Guaranteed growth, with fixed 3% rent increases.
+ Well-presented 154sqm* bakery with important rear access.
+ ROW at rear of site provides critical loading access for both trucks and vans.
+ High profile 162sqm* freehold Commercial 1 Zone (C1Z) site on main retail strip.
+ Prominent position on busy Lower Plenty Road with 17,400 vehicles passing daily. (1)
+ Situated amongst IGA supermarket, Australia Post, Chemist Warehouse and Rosanna train station.
+ Easily accessible for customers with on-street parking at front and 140+ car parks at rear.
+ Rosanna: booming metro suburb only 12km* from CBD, population forecast to grow 41% by 2046. (2)
+ Net Income: $36,853 pa* + GST (as at July 2024)
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 26 June 2024
Level 2, Conference Hall, Crown Promenade, Melbourne
*Approx
1. GapMaps
2. .id
This investment has the following key highlights:
+ Proven store, with Bakers Delight trading on-site circa 40 years.
+ Recent 2021 tenant funded store upgrades to latest Bakers Delight corporate standard.
+ Renewed Five (5) year lease through to 2025 plus options to 2035 to longstanding tenant.
+ Bakers Delight: multi-national bakery with 700+ locations.
+ Investor preferred net lease terms, with tenant paying all usual outgoings as per lease.
+ Low rent per/sqm providing opportunity for future rental uplift.
+ Guaranteed growth, with fixed 3% rent increases.
+ Well-presented 154sqm* bakery with important rear access.
+ ROW at rear of site provides critical loading access for both trucks and vans.
+ High profile 162sqm* freehold Commercial 1 Zone (C1Z) site on main retail strip.
+ Prominent position on busy Lower Plenty Road with 17,400 vehicles passing daily. (1)
+ Situated amongst IGA supermarket, Australia Post, Chemist Warehouse and Rosanna train station.
+ Easily accessible for customers with on-street parking at front and 140+ car parks at rear.
+ Rosanna: booming metro suburb only 12km* from CBD, population forecast to grow 41% by 2046. (2)
+ Net Income: $36,853 pa* + GST (as at July 2024)
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 26 June 2024
Level 2, Conference Hall, Crown Promenade, Melbourne
*Approx
1. GapMaps
2. .id
Property ID: 504602272Last Updated: 19 Dec 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Journey Early Learning, 271 Thompsons Road,Templestowe Lower, VIC 3107 1 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
56 Thompsons Road,Bulleen, VIC 3105 896 m²Medical & Consulting • Shops & Retail • Other