Shop 1-3，1 Cadles Rd, CARRUM DOWNS | Property for sale | Savills
2,325.01 sq ft(216 sq m)
Price on application

Shop 1-3，1 Cadles RdCARRUM DOWNS

    Retail
    2,325.01 sq ft (216 sq m)

    Key features

    • Tenant Operating for 13 years
    • 5 + 5 Year Lease
    • Opposite Carrum Downs SC

    High Exposure Entry Level Investment Opportunity

    About this property

    • Savills is delighted to offer for sale this entry level investment opportunity occupied by secure tenant 'Curry Town'.

      Key attributes of this opportunity include:

      The building features an internal area of 216sqm*
      Leased to longstanding tenant Curry Town in operation for 13 years
      5 + 5-year lease with 3% fixed annual increases
      Net income of $83,444pa* + GST & outgoings as of 1 July 2022
      Located directly opposite Carrum Downs Shopping Centre
      Direct access & exposure to arterial roads including Hall Road and Frankston Dandenong Road

      *Approximate

      For Private Sale

      For further information please contact:

      Benson Zhou - 0458 488 888
      Tanya Su - 0430 302 950

    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    n aAuction216.00sq mAvailable