Sold

NEW 10 YEAR LEASE TO CARL'S JR. ***SOLD***

15 Dalton Road, Thomastown VIC 3074

  • Fresh Ten (10) Year lease plus options through to 2045
  • Investor preferred net lease terms with tenant paying all usual outgoings as per the lease
  • Fixed compounding 3% annual increases, assuring rental growth
  • Prime 2,605 sqm* site with 59 metre* frontage
  • Exposure to 55,000 vehicles passing daily along Dalton Road
  • Brand new 371 sqm* building, dual lane drive-thru constructed 2020
  • Position perfect, adjoining Bunnings Warehouse and surrounded by leading retailers
  • Thomastown, thriving metro location, 14kms* north of Melbourne CBD
  • Thomastown, situated in Whittlesea Council, one of the fastest growth regions of Victoria, forecast 21% population growth to 2036
  • Significant taxation depreciation savings
  • Carl's Jr: 3,800 Stores globally, 25 stores in Australia and growing
  • One of the best performing Carl's Jr stores in Australia
  • Net Income: $295,860 pa plusĀ GST approx

Auction Wednesday 31 March 2021 at 10.30am (AEDT)
River Room, Crown Casino, Melbourne

*approx

In conjunction with Burgess Rawson

***SOLD***

Sold By

Frank Vinci

Direct: +61 3 9662 2025

Mobile: 0418 375 375

Email: [email protected]