Gross Waddell ICR is pleased to offer Shops 3 & 4, 134a Canterbury Road, Blackburn South For Sale.
This is the perfectly located investment to add to your property portfolio. A corner shop with great exposure close to many other retailers, supermarkets, with a proven tenant who has occupied the premises since 2017.
Shops 3 & 4, 134a Canterbury Road, Blackburn South is situated 17 kms* East of Melbourne's Central Business District. The area is well-connected by various forms of public transport, including buses and nearby train stations. Blackburn South offers a mix of residential properties, schools, parks, and local amenities, making it an attractive and convenient place to live for families and individuals alike. Additionally, the suburb boasts a range of shops, restaurants, cafes, and banks, providing residents with easy access to daily necessities and services.
Key Highlights:
• Rental income: $54,749.39 p.a. +Outgoings +GST
• Term: Five (5) years - commenced April 2020
• Review: Fixed 4% annual increase
• Options: Five (5) Years
• Security Deposit: Equivalent to six (6) months’ rent
• Building area: 105 sqm*
• Corner location for maximum exposure
• Two (2) car spaces located at the rear
• Located amongst Woolworths, BWS, McDonald's drive-thru and many boutique / independent retailers
• Proven Tenant established 2017
To book a private inspection please contact the exclusive selling agents from Gross Waddell ICR.
*approx
