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Shop 9 & 1/520-528 Mount Dandenong Road Kilsyth, VIC 3137

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Shop 9 & 1/520-528 Mount Dandenong Road,
Kilsyth, VIC 3137

Shops & Retail

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Map of Shop 9 & 1/520-528 Mount Dandenong Road

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Strategic Metro Bank Investment

  • CBA in occupation for 20 years
  • Fixed 3.5% rent increases
  • Tenant pays all usual outgoings
Renewed lease plus options to 2022.
Annual fixed 3.5% rent increases.
Significant 173 sqm building, 2 shops 1 Title.
CBA: Australia's largest ASX company with a market cap of $120 Billion (as at 30/09/2014).
Prominent retail position within tightly held shopping centre, anchored by Coles Supermarket.
Single tenanted minimum management investment.
Tenant pays all usual outgoings including Land Tax.
Rent: $74,588 pa (as at January 2015).

NB: Shop 11, is not apart of this sale and is owned by another Vendor.

Property ID: 501319403Last Updated: 15 Aug 2016

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Shop 9 & 1/520-528 Mount Dandenong Road
Kilsyth, VIC 3137

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