GnG Falafel & Grill, 49A Bassetts Road,
Doreen, VIC 3754
Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
GnG Falafel & Grill, 49A Bassetts Road
Doreen, VIC 3754
Map of GnG Falafel & Grill, 49A Bassetts Road
New 7 Year Lease to Popular Restaurant | Prime Entry – Level Investment in Growth Corridor
- New 7 Year Lease to April 2030
- Rare 4% Annual Rent Increases
- New Build Providing Tax Benefits
Burgess Rawson are delighted to offer to the market the GnG Falafel & Grill at G1/47-49 Bassetts Road, Doreen VIC for sale via Private Treaty.
This investment has the following key highlights:
+ New 7 year lease to April 2030 plus options to 2040.
+ GnG Falafel & Grill: popular restaurant with 4.8 star google ratings (100+ reviews) offering dine in, takeaway and delivery options.
+ Modern 88sqm retail premises with internal and alfresco seating.
+ Adjoining anchor tenant FoodWorks within the new ‘Vantage Central’ neighbourhood retail centre supported by complimentary restaurants and directly fronting 15 public car parks.
+ Tenant pays all usual outgoings, excluding land tax.
+ Strong and certain rental growth with 4% annual increases.
+ New build, providing significant tax depreciation benefits.
+ Strategic corner position, adjacent to multi- unit development, only 1.2km* from Mernda Railway Station and 450m* from Ivanhoe Grammar, Plenty Campus.
+ Direct access to Bridge Inn Road (350m*) via Bassetts Road, with 9,500 vehicles passing daily.**
+ City of Whittlesea: one of Australia’s fastest growing LGA’s, forecast to grow in population by 55% to 360,691 residents by 2041.***
+ Net Income: $50,336 pa* + GST (at April 2024).
*Approx
**GapMaps
***forecast.id
For further information, please contact the exclusive selling agents below:
SHAUN VENABLES
0411 860 8...
svenables@burgessrawson.com.au
JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au
JORDAN BELL
0497 844 7...
jbell@burgessrawson.com.au
ROMANOR FALCONER
0413 830 8...
rfalconer@burgessrawson.com.au
This investment has the following key highlights:
+ New 7 year lease to April 2030 plus options to 2040.
+ GnG Falafel & Grill: popular restaurant with 4.8 star google ratings (100+ reviews) offering dine in, takeaway and delivery options.
+ Modern 88sqm retail premises with internal and alfresco seating.
+ Adjoining anchor tenant FoodWorks within the new ‘Vantage Central’ neighbourhood retail centre supported by complimentary restaurants and directly fronting 15 public car parks.
+ Tenant pays all usual outgoings, excluding land tax.
+ Strong and certain rental growth with 4% annual increases.
+ New build, providing significant tax depreciation benefits.
+ Strategic corner position, adjacent to multi- unit development, only 1.2km* from Mernda Railway Station and 450m* from Ivanhoe Grammar, Plenty Campus.
+ Direct access to Bridge Inn Road (350m*) via Bassetts Road, with 9,500 vehicles passing daily.**
+ City of Whittlesea: one of Australia’s fastest growing LGA’s, forecast to grow in population by 55% to 360,691 residents by 2041.***
+ Net Income: $50,336 pa* + GST (at April 2024).
*Approx
**GapMaps
***forecast.id
For further information, please contact the exclusive selling agents below:
SHAUN VENABLES
0411 860 8...
svenables@burgessrawson.com.au
JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au
JORDAN BELL
0497 844 7...
jbell@burgessrawson.com.au
ROMANOR FALCONER
0413 830 8...
rfalconer@burgessrawson.com.au
Property ID: 504460812Last Updated: 19 Dec 2024
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