Property Details

Secure one of these prime location retail investments with a high return. New 5 + 5 year leases, as well as development potential to add value in the future.

* 2 freehold retail properties to be sold separately or in one line
* Brand new 5 year leases with annual fixed increases of 3.5%.
* Both tenants have substantial Bank Guarantee security in place.

No. 331 Waterloo Road:
– Total building 90m² approx.
– Total land 158.10m² approx.
– Cafe with new fit out due for installation shortly.
– 3 street frontage location with undercover area at rear.
– 22 Meter frontage to David Road, with additional rear lane access via Hunter Lane.
– Annual rental $52,000 P.A. + GST.

No. 333 Waterloo Road:
– Total building 86.10m² approx.
– Total land 158.10m² approx.
– An established super market.
– 6.7 metre frontage to busy Waterloo Road.
– Annual rental $52,000 P.A. + GST.
– Rear lane access via Hunter Lane.

* Zoned B1: Neighbourhood Centre with development potential for mixed residential/retail usage (S.T.C.A).
* FSR = 1.5:1.
* Building height to 11 metres.
* Located 300 metres approx. from Chullora marketplace shopping centre, and within close proximity to the Hume Highway.