Retail Investment Opportunities Not To Be Missed!
Shops 6, 7, 10 & 11, Don Arcade, 672 Glenferrie Road, Hawthorn
• Premium retail investments in the heart of
Hawthorn’s premier retail strip
• Newly fully renovated developments
• Adjacent to Glenferrie Train Station,
Swinburne University, Safeway & Coles supermarkets
• High traffic flow location
• Established and vibrant food precinct
Shop 6
• Tenant “Yo Get-It”
• Lease Term – 5+5 years
• Area – 93.5 sqm
• Current Rent – $80,000 pa
• Annual CPI Rent Review
• Market Rent Review on Option Term
• Income Tax Depreciation Benefits
• Price $1,600,000
Shop 7
• Tenant “Cupcake Central”
• Lease Term – 5+5 years
• Area – 81.8 sqm (approx)
• Current Rent – $70,000 pa
• Fixed 4.5% Annual Rent Reviews
• Market Rent Review on Option Term
• Income Tax Depreciation Benefits
• Price $1,400,000
Shop 10
• Tenant “Osha Thai Kitchen” restaurant
• Lease Term – 5+5 years
• Area – 62.2 sqm (approx)
• Current Rental – $52,000 pa
• Annual CPI Rent Review
• Market Rent Review on Option Term
• Income Tax Depreciation Benefits
• Price $1,040,000
Shop 11
• Tenant “Café Kebabji” restaurant
• Lease Term – 5+5 years
• Area – 51.1 sqm plus separate storeroom
• Current Rental – $53,500 pa
• Fixed 5% Annual Rent Review
• Market Rent Review on Option Term
• Income Tax Depreciation Benefits
• Price $1,100,000
For further information, please contact:
Bensons Property Group Pty Ltd
Rick Curtis
Managing Director
Level 1, 461 Bourke Street
Melbourne Victoria 3000
Phone: +61 3 8602 0800
Fax: +61 3 8602 0888
