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Burgess Rawson - Melbourne

Benalla Bakery, Lot 2/57 Smythe Street Benalla, VIC 3672

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Benalla Bakery, Lot 2/57 Smythe Street,
Benalla, VIC 3672

Shops & Retail • Other

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Burgess Rawson - Melbourne
Raoul Holderhead
Justin Kramersh

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Benalla Bakery, Lot 2/57 Smythe Street
Benalla, VIC 3672

Map of Benalla Bakery, Lot 2/57 Smythe Street

Directions

Long Proven Bakery Only Metres From Woolworths

  • Brand New 5+5 Year Net Lease
  • Fixed 3% annual rent increases
  • Central amongst national retailers
+ Renewed 5 year lease plus 5 year option through to 2031
+ Fixed 3% annual rent increases – assuring growth
+ Long established bakery circa 1998, originally Bakers Delight
+ Lessee pays all usual outgoings as per lease
+ 91 sqm premises with exposure to adjoining Woolworths & ALDI supermarkets plus parking
+ Central amongst McDonald’s, KFC, Subway and other retailers
+ Benalla: strong regional centre, trade catchment circa 14,000+
+ Net Income: $42,024 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021

Property ID: 503896890Last Updated: 23 Nov 2021

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