Share this property

realcommercial.com.au
Graham Chalmer - Sale

Grow Master, 34-38 Princes Highway Sale, VIC 3850

Directions

Grow Master, 34-38 Princes Highway,
Sale, VIC 3850

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Graham Chalmer - Sale
Chris Morrison

Graham Chalmer - Sale

237-239 Raymond Street
SALE, VIC 3850
Graham Chalmer - Sale
Grow Master, 34-38 Princes Highway
Sale, VIC 3850

Map of Grow Master, 34-38 Princes Highway

Directions

Brand New 5 Year Lease - A Sale Institution for Over 60 Years

  • Brand new 5-year lease
  • Fixed 3% rent increases
  • Tenant pays all outgoings
+Brand new Five (5) year lease to 2027 plus options to 2032.
+Grow Master: long established and successful garden centre, homewares and gift store.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Generous fixed 3% annual rent increases assuring growth.
+Well presented improvements totalling 940sqm* plus sealed and lined customer parking.
+Significant 6,177sqm* site with important 40 metre* highway frontage.
+Sale: numerous economic drivers and a trade catchment exceeding 32,000.
+Net Income: $120,000pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino - River Room

*Approx

Property ID: 504020759Last Updated: 27 Jul 2023

Graham Chalmer - Sale
237-239 Raymond Street
SALE, VIC 3850

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Graham Chalmer - Sale

Other properties you might be interested in based on the location and property type you are looking at.