Sold
NEW 10 YEAR LEASE TO CARL'S JR. ***SOLD***
15 Dalton Road, Thomastown VIC 3074
- Fresh Ten (10) Year lease plus options through to 2045
- Investor preferred net lease terms with tenant paying all usual outgoings as per the lease
- Fixed compounding 3% annual increases, assuring rental growth
- Prime 2,605 sqm* site with 59 metre* frontage
- Exposure to 55,000 vehicles passing daily along Dalton Road
- Brand new 371 sqm* building, dual lane drive-thru constructed 2020
- Position perfect, adjoining Bunnings Warehouse and surrounded by leading retailers
- Thomastown, thriving metro location, 14kms* north of Melbourne CBD
- Thomastown, situated in Whittlesea Council, one of the fastest growth regions of Victoria, forecast 21% population growth to 2036
- Significant taxation depreciation savings
- Carl's Jr: 3,800 Stores globally, 25 stores in Australia and growing
- One of the best performing Carl's Jr stores in Australia
- Net Income: $295,860 pa plus GST approx
Auction Wednesday 31 March 2021 at 10.30am (AEDT)
River Room, Crown Casino, Melbourne
*approx
In conjunction with Burgess Rawson
***SOLD***