THE PROPERTY DEVELOPMENT REVIEW
burgessrawson.com.au
Rare & Secure Metro IGA Supermarket Plus Liquor Investment
MELBOURNE CBD 18KM*
PRINCES FWY
Laverton (Melbourne) VIC 4-12 Aviation Road
RAILWAY AVE
DIRECT PRINCES FWY EXIT/ ENTRY
+ 89% of income secured by IGA and Australia Post office + Set-and-forget net lease terms with tenants responsible for all usual outgoings + Guaranteed growth with annual CPI and fixed 3% increases + Secure IGA Supermarket Plus Liquor with recent significant tenant funded upgrades + Important Australia Post office with renewed 5 year lease including 300 PO Boxes and Tattslotto outlet + 1,754sqm* freehold building with important rear loading + 2,091sqm* C1Z site with significant future development upside (STCA) plus 15 car parks + Irreplaceable exposure to all vehicular traffic exiting/ entering Princes Freeway + Net Income: $332,483 pa* + GST 1
AVIATION RD
AIRCRAFT STATION
2 ,091SQM*
TRIHOLM AVE
COUNCIL CAR PARK
*Boundaries Indicative Only
For Sale by Expressions of Interest Closing Thursday 30 March 2023 at 4pm AEDT
Beau Coulter 0413 839 898
Billy Holderhead 0422 817 696
Zomart He 0488 220 830
1 As at May 2023
*Approx
Unbiased market research at your fingertips
With the largest, most frequent and most successful commercial property portfolio auction program in Australia, Burgess Rawson has always been renowned as the litmus test of the commercial property industry. Using current market research and unbiased industry data, we’re able to assist clients along every step of their property journey. This month will see the launch of our Industry Insight Reports series, an important and informative publication that focusses on key sectors including fuel & convenience retail, fast food, early education, medical and more.
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March / April 2023 – 59
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