Situated in the heart of Werribee's bustling commercial precinct, 5/70 Watton Street offers an exceptional investment opportunity. This 100 sqm retail space, set on a 122 sqm land parcel, boasts a prime location with high foot traffic and excellent exposure.
The property features a modern open-plan layout, complete with heating, cooling, an alarm system, and a rear balcony overlooking the Werribee River .
Currently, the premises are securely leased to Dumpling Guys, a well-established franchise of the I Love Dumplings Group, known for their inviting atmosphere and exceptional value.
The tenant operates daily, attracting a steady stream of patrons, which underscores the property's strong rental appeal.
Located close to major tenants and the Werribee train station, this property benefits from its position in one of the fastest-growing municipalities, making it a standout choice for investors seeking a stable and promising asset.
Lease Details
Tenant: Dumpling Guys (logo)
Term: 5 years commencing 1st Sep 2021
Options: 2 further terms of 5 years each
Rental: $39,338 net plus GST per annum
Reviews: 3% per annum
To arrange an inspection or for further information, please contact Benjamin Klein on 0433 047 000 or Graham Hicks on 0423 009 900.
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