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Re/Max Real Estate, 1/247 Esplanade, Lakes Entrance, Vic 3909

Re/Max Real Estate, 1/247 Esplanade, Lakes Entrance, Vic 3909

Retail Offices

  • Sold Contact Agent
  • Wed 24-Feb-21

New 6 + 6 + 6 Year Lease Through to 2039 - Opening February 2021

  • Brand New 6 Yr Lease + Options to 2039
  • Fixed 3% Increases - assuring growth
  • 50% stamp duty concession

  • Land Area
  • 100.00 m² (approx)
  • Floor Area
  • 100 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Mar 05, 2021

Interested in this property? Contact an Agent today

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New 6 + 6 + 6 Year Lease Through to 2039 - Opening February 2021

**50% Stamp Duty Concession**

+ Brand new 6 year lease to 2027 plus 6 + 6 year options to 2039
+ Net lease with tenant paying all usual outgoings
+ Re/Max: more than 7,000 offices globally and 120,000+ employees
+ Fixed 3% annual increases - assuring rental growth
+ Prime retail premises opposite Ferrymans Cafe. close to NAB, KFC and Australia Post
+ Lakes Entrance: year round tourist mecca, trade catchment circa 5,000 swelling to circa 25,000 over summer
+ Net Income: $30,000 pa + GST

For Sale by Portfolio Auction
11:00am (AEDT) Wednesday 24 February 2021

Re/Max Real Estate, 1/247 Esplanade, Lakes Entrance, Vic 3909

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