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Offmarket
This property is not currently for sale or rent on https://www.hudsonbond.com.au

Rosebud VIC 3939

PREMIUM COMMERCIAL INVESTMENT | ASX LISTED TENANT

Hudson Bond Commercial offer for sale 1011 Point Nepean Road, Rosebud by way of Private Sale.

The offering is a strategic Mornington Peninsula commercial investment in a prominent high-profile Rosebud retail location underpinned by a long lease to iconic Australian company White Lady Funerals as a wholly owned subsidiary of ASX listed InvoCare the property will appeal to savvy investors intent on increasing the stability of their commercial portfolio.

With a Market Cap of $1.72B InvoCare holds a market-leading position in Australia, New Zealand and Singapore for funeral, cemetery, and crematoria services.

First Floor tenancy is occupied by Mclardy McShane a partner of the Steadfast Insurance group operateing in over 17 Locations Nationally and have strong recognition as one of Australia's premier insurance brokers and financial services providers.

Other Features Include:

• Annual Net Rental of $115,500pa
• Fully Leased to High-Quality Tenants on Long Term Leases
• Highly Resilient Sector
• Fixed 3.0% Annual Increases
• Premium Rosebud Location
• All Outgoings Paid By Tenants
• Prominent Nepean Road Exposure
• Newly Completed Tenant Refurbishment worth Approximately $300k
• Adjoined by National Retailers Woolworths / Auspost / H & R Block
• Rear Lane Access

To request information documents, please contact the Hudson Bond Commercial Team today.