An outstanding investment opportunity is now available with the sale of the Sumptuous Redwood Garden Chinese Restaurant building, ideally located in the heart of Dingley Redwood Garden Precinct and surrounded by well known Dingley International Hotel, DFO, upcoming Hawthorn Football club, and Costco.* Secure Lease: Lease commenced on 26 August 2024* Tenure: Initial 5-year term plus two further 5-year options* Rent Growth: Fixed annual rental increases of 4%* Market Review: At commencement of each further term* Excellent Return: $85,984 PA net* Strong rental income backed by an established tenant* Tenant pays outgoings* This property offers investors a rare chance to secure a quality freehold building with a long-term tenant, stable returns, and built-in rental growth.* Location: Positioned in a thriving local businesses and strong community patronage.* Established restaurant tenant with proven success* Secure long lease with options until 2039* Attractive fixed annual increases ensuring rental growth* Excellent rental return with long-term stability* Building for sale only - Restaurant Business as usual
