Land rich corner investment fully leased to renowned retailer (4 stores in Victoria)
- Land rich 1,307sqm* corner landholding with over 72m* of combined frontage
- 5 year lease to highly rated statewide retailer Allure (4 stores in Victoria), providing gross annual income of $231,750* + GST with favourable personal guarantees plus fixed 3% annual rental increases
- Rare land bank opportunity with highly favourable ‘Priority Development’ zoning
- Centrally located between Bell Train Station, High Street retail precinct & the Preston Market
- Unparalleled signage potential given the prime exposure to the heavily trafficked Bell Street (46,000* vehicles passing daily)
- Set to benefit from improved accessibility as a result of the planned Bell Station ‘Level Crossing Removal Project’
- Benefiting from direct linkage to major universities via public transport and St Georges Road
FOR SALE VIA PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 21ST NOVEMBER AT 1.00PM (AEDT)