Occupying a prominent corner position with a strong existing tenancy, this 75sqm retail shop provides an excellent investment opportunity in a key growth locale.
- 75 sqm retail area including front courtyard
- Lock-Up Garage with Cool-room
- Grease Trap, Mechanical ventilation, air conditioning and access to Male and Female amenities
- Current 5 year lease to October 2024 with further 5 year option available.
- Current Gross Rental $60,683.40 Excl GST per annum with 3% fixed rent increases per annum
- Annual Statutory outgoings at $8,134.96; Net Income $53,469.40 per annum
- Moments to the City, Central Train Station and Prince Alfred Park
For further details or to arrange an inspection please contact Frank Touma from LJ Hooker Rockdale on 0402 061 276 or 02 9597 6144.