SOLD property

3/112 James Street, TEMPLESTOWE VIC 3106

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For AUCTION

Retail/Shops/Shopping Ctrs/Service Stns
Building size:
78.8 sq.m
Property ID:
401254

Main content:

A Scoop Purchase

This rare offering provides investors with the opportunity to secure a well leased retail property located in a prime position within the heart of one of the area’s leading local shopping centres.  
 
We believe the most outstanding aspects of this property include:  
 
• Secure 5+5+5 year Lease to solid retail tenant Gelatavita  
• Currently returning $28,704 net per annum plus GST & outgoings  
• Excellent position within highly sought, tightly held local retail strip occupied by major retailers including IGA, NAB, Bendigo Bank and Baker’s Delight to name a few  
• Abundant customer parking within the surrounding area  

Summary

Building Area
78.80 m²
Occupancy
leased investment
Whole / Part Build.
part

Auction Details

Auction Time
24/03/2010 12:00:00

Lease Information

Tenant Name
Gelatavita
Lease Starts
1 March 2009
Lease Ends
1 March 2014
Lease Term
5 yrs
Options
5+5 years
Rent Review
4% per annum, Market review at Options

More information

Website: www.gormankelly.com.au


Address is approximate.