High Exposure Retail Showroom With Secure Lease

Positioned in a high exposure location with approximately 54,000 vehicles passing daily, this quality commercial property presents an outstanding investment opportunity. The current tenant All Make Mowers & More have invested in a quality fit out, have an established customer base and a long term lease with options to 2041 making it a great first investment or an easy addition to your portfolio.

Featuring approximately 405sqm of total floor space, incorporating retail showroom, office space, warehouse storage and workshop, a loading bay with 4m clearance and an additional mezzanine floor of approximately 62sqm.

The 708sqm allotment has a frontage of 18.9m to South Road and side access to its loading bay from a service road making it easy for deliveries and customers to access at the same time.

Further features include;

Versatile commercial layout
Air conditioning
Three phase power
Male and female amenities including a shower
Eight on site car parks
Zoned Employment
Long term tenant secured til 2031 with options to 2041

Currently leased with an annual rental income of $85,635 this property offers an attractive opportunity for investors seeking a commercial asset with established income and long term tenancy in place.

For further information please contact Jarad Henry.

Visit glenelgbrighton.ljhooker.com.au to view other LJ Hooker Glenelg | Brighton Listings.

Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.

Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

The vendor’s statement may be inspected at 76 Oaklands Road, Somerton Park for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.

RLA 182909