** SOLD **
Situated on the preferred north side of one of Melbourne’s most active retail precincts is this fully leased two level retail investment presently returning $78,000 pa* net + GST.
A perfect opportunity for investors looking for a high-profile property in a very popular retail strip centre.
• Land area: 195 sqm*
• Building area: 240 sqm*
• Zoning: Activity Centre
• Tenant: Phoenicia Receptions Pty Ltd t/a Dolce Vita on Puckle
• Current term of 5 x years from November 2020
• Two (2) further 5 x year options
• Rent: $78,000* p.a. net + GST with annual 4% increases
• Tenant pays all usual outgoings
For sale via Auction on Tuesday 5th September from 11am at Leonda By The Yarra, Hawthorn.
For further details contact the exclusive sales agents at Gross Waddell ICR or Gary Peer.
*Approx.
