Shops 4-5, 53 Mosaic Drive Lalor, VIC 3075

- Secure Leases To Established Tenants
- Within Strong Residential Catchment

Ray White is delighted to offer for private sale, an excellent investment property located within Lalor's busy Mosaic Village.

• Well positioned within the desirable Mosaic Living Estate, opposite popular Gilwell Park and surrounded by a strong and growing residential catchment
• Mosaic Village is anchored by Nino Early Learning Adventures and comprises eateries, gym and mini supermarket
• Two (2) well presented shops 4 & 5, fully self-contained ground floor shops
• Long leases in place with fixed annual rental increases
• Large on site car park fronting shops

Investment Details:

SHOPS 4 & 5 - THE FITNESS WORKSHOP
Building Area: 336sqm*
Lease Term: Current lease expires on 31st May 2025 and then 5 x 5 years options
Rental as per lease agreement - $83,000 plus GST

• Excellent tax depreciation benefits
• Close proximity to Baptcare aged care, various schools, recreational facilities and major arterials
• Located just 18km* North of the CBD, Lalor is part of the City of Whittlesea which is one of Victoria's fastest growing municipalities
• This is an outstanding opportunity to purchase a commercial investment within Melbourne's surging Northern corridor

Don't miss out on this incredible opportunity to own a commercial investment in a prime location. Contact us today to arrange a private inspection and secure your future in this fantastic property.

For more information or to make an appointment to inspect the property please call Mike Sarupria on 0430 126 491

Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for
general information only and does not constitute any representation on the part of the vendor or agent.

*approx.