Blue Chip Freehold Investment

Presenting an exceptional entry-level freehold investment leased to the high-profile national company, Red Rooster. This prime property is situated on a prominent corner of Deakin Avenue, offering significant highway exposure and attracting substantial passing traffic. Its strategic location ensures high visibility and easy access for customers.

Key Investment Features:
– Commanding 1794m2 site
– National Tenant
– Busy highway exposure
– Building size of 430m2
– Current use – Restaurant / takeaway food outlet with drive-through and associated car park, outdoor dining area, loading bay and yard
– Current rent $135,768 per annum plus GST
– Term of lease 10 years commenced 01/08/2018 with 4 further terms of 5 years
– Rent reviews 2.5% with market review at options
– Car parking spaces for 25 vehicles

For further information please contact Tony Roccisano 0418 502 101.

Professionals Mildura – Leaders in Commercial

Property ID: 1319400