A BLOSSOMING INVESTMENT – 7% YIELD
- Annual rent of $30,000* incl GST (net)
- Three (3) year lease from December ’23
- High performing shopping centre
Aston are pleased to offer Shop 41A, 495-511 Burwood Highway, Vermont South for immediate Private Sale.
Located in the popular Vermont South Shopping Centre which historically experiences little to no vacancy, the property is strategically positioned in between the entrances to Coles & Aldi – making this a retail destination that blossoms.
The features:
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• Annual rent of $30,000* incl GST (net)
• Three (3) year lease from 1st December 2023
• Two (2) further terms of five (5) years
• 3% annual increases
• Established business of 20 plus years
• Prime position directly next to Coles and Aldi
• High performing shopping centre with historically low vacancy
Retail within this shopping centre is rarely available to purchase, let alone with an established and proven retailer.
Contact the agents at Aston if you wish to discuss this opportunity further.
*approx.
