7/1 Burke Street, Warragul VIC 3820
Sold $532,500Retail
Affordable, Entry Level Investment – 3% Fixed Annual Increases
– An outstanding opportunity to buy a secure, affordable, entry level, commercial freehold investment.
– “The Coffee Pod” is a very successful local business in one of regional Australia’s boom towns.
– 5 year lease commenced 1st September, 2018 with 3 further 5 year options.
– Current rent $27,318 p.a., 3% fixed annual increases.
– Tenant pays all usual outgoings.
– Located within highly sought development surrounded by National brands, include Supercheap Auto, Petbarn, BCF and others, with strong passing vehicular traffic.
Please note: The business is not for sale – freehold only.
Property Features
- Retail
- Floor Area is 50 m²
- 138 Car Spaces
- Satellite