Shop 8/8-34 Gladstone Park Avenue GLADSTONE PARK VIC 3043
$950,000

DESCRIPTION

5 year lease to 2020 plus options to 2030
Long established poultry shop in occupation over 20+ years
Fixed 4% annual rent increases
Tenant pays all usual outgoings
Irreplaceable position within thriving Gladstone Park Shopping Centre directly opposite Supa IGA supermarket and metres from a highly successful & rapidly growing Woolworths Supermarket plus Bakers Delight, Michele’s Patisserie and other complimentary retailers
Gladstone Park: established north-western metropolitan suburb conveniently accessed and visible from Tullamarine Freeway 15km from the Melbourne CBD
Single tenant minimum management investment
Rent: $58,901 p.a.