Get yourself a smart investment with this building plus land on busy Hemmings Street shopping strip now for sale. With a land size of 234sqm on title and a building floor area of 88sqm there is potential to extend down the track (S.T.C.A).
Leased to long term tenants operating a bakery since 2007 you can rest assured of having an immediate income from your investment. Terms of the lease are rental of $17,823.12 p.a with increases of 3.1% annually ending 2012. There are a further 3 x five year options after this.
Within close proximity to Dandenong CBD and with a growing population nearby due to housing development it is an ideal place to invest. Call today for your personal inspection.