264-270 Craigieburn Road , Craigieburn

868.00m2
Retail
Contact Agent

THE ULTIMATE CASHFLOW INVESTMENT

***SOLD***

Anchored by a 7 Eleven and Red Rooster, this active property provides a good diversity of income from six tenants across seven tenancies, in a high profile location.

Completed in 2018 this substantial investment property, ideally situated within one of Melbourne’s growth corridors, offers an opportunity for good cashflow and rental growth.

Located in immediate proximity of both Craigieburn Central and Craigieburn Junction Shopping Centres the property benefits from substantial passing traffic daily.

Property Highlight Features:

• 15 year lease to 7 Eleven & 10 year lease to Red Rooster
• Combined income of $777,429*p.a. net with fixed increases
• Significant Depreciation Benefits
• Building Area: 868m2*
• Land Area: 6,215m2*
• High profile location
• Close to both Craigieburn Central and Craigieburn Junction Shopping Centres

*Approx

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Level 1, 30 Collins Street
Melbourne VIC 3000