Located in the Redwood Gardens Industrial Estate on the East side of Boundary Road within close proximity to Centre Dandenong Road, we are pleased to offer this investment property for the first time in nearly 30 years!
Redwood Gardens Chinese Restaurant is a local institution featuring a large well presented restaurant and outdoor seating area overlooking the Redwood Gardens lake.
Investment details are as follows:
Lease Term: Five (5) Years to 2019 plus options
Lease Commencement: 15th November 2014
Rental per annum: $65,977.56 plus GST
Lease Option: Five (5) Years
Lease Reviews: Annual 4%, End of term: Market review
Outgoings: 100% payable by the tenant excluding Land Tax
For further details and inspections contact:
DAVID GARFIELD 0412 651 661
NB: All information is approximate.