First time offered in over 35 years, this “blue-chip” investment opportunity located within the highly sought after Burke Road retail strip is leased to longstanding tenant, Mail Boxes Etc. who have occupied the property for over 20 years.
Featuring fully fitted retail and commercial accommodation over part 2 levels, the property features the following:
• Current Rental: $66,306* p.a. + GST
• Lease Terms: 5 + 5 years (comm. 1st August 2017)
• Reviews: Annual 3% increases with review to market at commencement of further term
• Building Area: 170m2*
• Rear carparking via ROW
• Zoning: Commercial 1