Sold

308-310 York Street,
Sale 3850, Victoria

962m² land size
87m² building size
Retail

Price withheld


Property details

Modern Drive-Through Investment, New 10 Year Lease

Ray White Retail are proud to present Good Brew Sale. For sale by Auction on Wednesday 10th June, 10:45am (AEST) at Level 28, 35 Collins Street, Melbourne.

|What|
• Single-tenanted fast food drive-through investment
• Brand new 10 year lease to 2036, with options through to 2056
• New, modern 2023 construction providing significant depreciation benefits
• Net Income of $94,685 + GST p.a.

|Where|
• High profile 962sqm* corner landholding
• 4 on-site car parks
• Exposure to over 106,000 vehicles weekly in a bustling retail hub
• Key regional Victorian town with over 15,000 residents

|Why|
• High-quality build
• Fixed 3% annual rental increases
• Expanding national coffee drive-through brand, with locations in Victoria, New South Wales & Queensland
• Ultra-convenient dual-lane drive-through

* Approximately

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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