Freestanding Commercial Freehold Underpinned by 10 Year Lease to an Industry Titan!

182 Mount Dandenong Road, Ringwood East VIC, Australia
  • Address: 182 Mount Dandenong Road Ringwood East VIC 3135
  • Land Area: 400 sqm*
  • Floor Area: 296 sqm*
  • Property type: Shop & Retail • Development Sites & Land • Offices
  • Offer type: For Sale
  • City: Ringwood East
  • Post Code: 3135
  • Features: 10 year lease returning $75k PA ++ , 3% fixed increases and 6 month bond , Industry renowned and award winning tenant

Overview

FREESTANDING COMMERCIAL FREEHOLD UNDERPINNED BY 10 YEAR SECURE LEASE TO AN INDUSTRY TITAN!

  • 10 YEAR LEASE RETURNING $75,000PA ++
  • INDUSTRY RENOWNED & AWARD WINNING TENANT
  • 3% FIXED INCREASES & 6 MONTH BOND

Jones Real Estate is pleased to present the outstanding and freestanding freehold investment that is Juliette Coffee & Bread 3135 – For Sale via Expressions of Interest, closing 3rd March 2021 at 12pm.

Words will not do this property justice. Book an inspection now that the whole building refurbishment is 100% complete!

Key highlights of this blue chip investment opportunity include;

  • Fully leased to a very prominent and award winning tenant returning $75,000 per annum plus GST and Outgoings
  • Outstanding national lease covenant trading as “Juliette Coffee & Bread 3135” operated by well renowned, respected and highly regarded national business “Only Hospitality Group”
  • A secure and brand new 10-year initial lease over the entirety of the property including the superbly renovated 3 bedroom, 2 bathroom residence – future proofing and diversifying this blue chip investment opportunity for the long term
  • Optional terms securing the asset until 2045
  • 3% fixed annual rental increases
  • A six month bank guarantee safeguarding your investment
  • Favourable Commercial 1 Zoning (C1Z) allowing for long term redevelopment^
  • Strategically positioned within the heart of the leafy suburb of Ringwood East, nearby Hospitals, Public & Private Schools, Public Transport and major arterial roads

Access to the online data room, containing due diligence information is available upon request.

The property is For Sale via Expressions of Interest closing Wednesday 3rd March 2021 at 12pm.

*approx.
^Subject to council approval

Please contact Jones Real Estate for further information.

Sam Guest
+61 458 467 482
Sam.Guest@Jonesre.com.au

Paul Jones
+61 488 779 749
Paul.Jones@Jonesre.com.au

Tim Spargo
+61 402 747 030
Tim.Spargo@Jonesre.com.au

Luke Peric
+61 432 467 771
Luke.Peric@Jonesre.com.au

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