2/47 Patterson Street, BONBEACH VIC 3196

Long Term Secure Investment - OWNER SAYS SELL!

Don’t miss the opportunity to secure this outstanding tenanted investment in the vibrant beach side suburb of Bonbeach. Located a short distance from the beach & both Bonbeach & Carrum train stations this type of holding is rarely available.

Nestled within the heart of the popular beach side suburb, The Bonbeach Village Grocer has quickly become a favorite of the locals offering a selection of artisanal groceries alongside a diverse range of food and beverages. The established tenant has of over seven (7) years left on their original ten (10) year lease ensuring comfort and security for investors.

Tenancy Details:
Rental: $20,157.24pa
Lease Start: 01/01/2021
Term: Ten (10) years
Further Terms: Five (5) + Five (5) years
Increases: Fixed 3% annually, market review at expiry

The tenant, location & lease terms ensure a fantastic opportunity for first time or experienced investors. The opportunity won’t be available long, call now to ensure you don’t miss out.

Inspections are strictly by appointment only.

Sale Price: $370,000, 10% deposit, settle 60/90 days

– All sizes are approximate
– All figures are GST exclusive unless otherwise stated.