Michelle Lanigan Real Estate Pty Ltd Home
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Property Details

For Sale - 381 Forest Road, The Basin VIC 3154

INVEST IN THE BEST

Hotel/Leisure, Retail, Showroom
Property ID: 7786
Price: $830,000
Building: 171m²
Land: N/A

PROPERTY DESCRIPTION

381 Forest Road is home to The Peacock Den that is known for its unique wine and dining experience in the outer east of Melbourne and offered with a secure lease (and options) till 2035.

The property itself, offers a stunning and spacious dining room with open fire, timber floors, full wine bar, commercial kitchen, 4 unisex toilets as well as a 2 bedroom dwelling at the rear of the Restaurant, that offers a lounge, kitchen, full bathroom, laundry and a beautiful undercover decking overlooking the private rear yard.

Currently returning $38,760.00 pa nett, plus outgoings with a set increase to $39,535.32 pa from July 2022, and annual reviews of 2%, this investment is perfect for anybody’s portfolio.

For further details and to arrange a private inspection, please telephone Michelle on 0417 361 161.


COMPONENTS

NAME BUILDING LAND RENT (p.a.) PRICE
Total 171m² N/A N/A $830,000
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ADDITIONAL INFO

FEATURES
Bond Yes
Commenced 8th January 2020
Rent Review Annually
OUTGOINGS
Outgoings Payable By Tenant
PROPERTY OVERVIEW
Property ID: 7786
Price: $830,000 Rent: N/A
Building: 171m² Land: N/A
AGENT DETAILS
  • Michelle Lanigan

    P: (03) 9761 0777
    M: 0417 361 161

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