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Retail in Ferntree Gully, VIC7A/1015 Burwood Hwy

7A/1015 Burwood Highway, Ferntree Gully, VIC 3156
7A/1015 Burwood HighwayFerntree Gully VIC 3156 AUS
-37.888268 145.290729
$850,000
  • Building area 106 sqm

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Secure Investment | 7 Year Lease Asx Listed Dominos | 5% Yield

Property ID 1997729
Ray White Commercial proudly present this trophy investment securely leased to Domino's within the Hillview Shopping Centre.

This high profile property is anchored by Aldi, KFC, Nando's and Chemist Warehouse. The property has an extensive fitout and a prominent position in the centre, making this the perfect investment to add to your portfolio with the tenant paying all outgoings including land tax.

The property boasts the following features:

• Rental | $42,500 pa net
• Lease | Seven (7) Years
• Options | Five (5) Years + Five (5) Years
• Rental Reviews | CPI + 1% annually
• Building area | 106m2 approximately
• Domino's ASX listed Company
• Tenant pays all outgoings including land tax
• Set and forget property
Due diligence checklist - for home and residential property buyers

Investment data

Key Information
Tenancy Status Currently Tenanted
Annual Yield (Gross) N/A (Marketed Without Price)
Annual Yield (Nett) N/A (Marketed Without Price)
Title Scheme Not Applicable

The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.