• Prominent Café Shop And Dwelling
• Leased to two (2) separate tenants looking happy to stay long term
• Rare Investment Opportunity
Key attributes:
107 Plenty Road, Preston (Café)
- Plenty road café corner position
- Single story with kitchen as well as garage
- Leased to long standing tenant of over 5 Years
- Returning $27,600* per annum inc GST + Outgoings
- Lease term: 4 year lease till 2025 with further 2x4 year option
- CPI increases per annum
- Excellent transport amenities nearby with Plenty Road (Tram 86) on your front door step and Bell Street Train Station.
-Parklands close by
107C Plenty Road, Preston (Studio)
-1 bedroom studio
-Kitchen
-Returning $1303 per month on a 2-year lease with a fixed increase to $1521 on 12/5/2023.
Total return =$43,000 approx plus outgoings
Please contact Michael or David for further details.