Blue-Chip Freehold Investment
- 150 sq metres
Description
La Vera Estate Agency is pleased to offer for Private Sale this outstanding freehold investment, located in the tightly held and well-established retail village of Campbellfield. Operating as a successful pizza shop for many years, the property enjoys strong local patronage and a secure tenancy, making it an ideal set-and-forget investment opportunity.
Positioned in a high-exposure location on Barry Road, this property benefits from excellent street presence and rear laneway access, with the added advantage of being only 100 metres from Upfield Train Station*.
Adding further upside, it sits directly opposite the major re-development of the former Ford Motor Car Factory to be known as "Assembly" which is expected to generate approximately 5,000 new jobs and significantly boost local economic activity.
Key Attributes:
- Total building area: 150sqm (approx.)
- Current rental: $65,479.80 per annum inc. GST + outgoings*
- Secure 9-year lease with options extending to 2049
- Long-standing tenancy, well-established pizza shop
- Part of a tightly held, established retail strip
- High exposure frontage to Barry Road
- Rear laneway access for convenience
- Only 100 metres from Upfield Train Station*
An exceptional opportunity to secure a proven investment in one of Campbellfield’s most reliable retail locations.
For further details or to arrange an inspection:
Julia Scardamaglia 0481 164 561
Frank Scardamaglia 0412 6732 83