Dan Murphy’s, Chirnside Park

  • Sector

    Commercial
  • Land Size

    5,917 m2
  • Building Size

    1,387 m2

15 Year Lease to Woolworths Group Ltd

A purpose-built freestanding liquor store constructed upon a high exposure Commercial 1 Zoned site and offering a passive, long-term, highly secure income stream

 

The property features

  • Total building area of 1,387 m2*
  • Large Commercial 1 zoned site of 5,917 m2*
  • Corner position and Maroondah Highway exposure
  • Easy ingress and egress from all directions
  • Significant depreciation benefits
  • 15 year lease (commenced December 2017) with options to 2062
  • Fixed rental increases and turnover rent provisions
  • Net lease including single holding land tax and all usual outgoings
  • Passing base rent $493,437 pa*

*approx.

Location

2 Fletcher Rd, Chirnside Park Victoria 3116
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