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Shop 3, 108 High Street Belmont, VIC 3216

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Shop 3, 108 High Street,
Belmont, VIC 3216

Shops & Retail • Other

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Map of Shop 3, 108 High Street

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Long term investment opportunity

  • Fantastic long term investment
  • Huge amount of foot traffic
  • Surrounded by blue-chip businesses
AUCTION: Wednesday 7th March @ 12.00pm on-site

This fantastic investment opportunity provides a great set and forget scenario. Located in Belmont's busy retail strip with a huge amount of passing traffic and foot traffic daily.

The boxes have been ticked with a long standing secure tenant, 'Crust Gourmet Pizza Bar,' a new 10 year lease with options until 2037. The property is also surrounded by other great businesses such as: Hungry Jacks, KFC, Tasman Seafoods, Beaurepaire Tyres, Dan Murphy, McDonalds, Nandos, Cold Rock Ice-cream, Bendigo Bank, Westpac Bank, Coles Supermarket and many more.

This is not an opportunity to miss.

Features include:

- Crust Gourmet Pizza Bar - long standing tenant
- Ten (10) year lease - 1st July 2017
- Options until 2037
- 4% annual increases
- Great street frontage
- Corner location on busy retail strip
- Amongst many other great retailers
- Common parking available
- $38,020 p.a
- Tenant pays outgoings

*Approx

Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate.

Raff De Luise – 0418 533 633

Julian Materia – 0498 188 011

Property ID: 502688266Last Updated: 3 Mar 2021

03 9654 86...
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Shop 3, 108 High Street
Belmont, VIC 3216
Gross Waddell ICR - Commercial
Level 1, 30 Collins Street
MELBOURNE, VIC 3000

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