Recently acquired by a reputable licensed building and fitout professional group ready to bring this neighbourhood shopping complex back to life (previously owned and inherited by a family for over 35 years).
A group of 8 shops (last 2 available) on the corner of Hawson Avenue and Shelley Avenue in North Plympton, it is surrounded by a medium to high density mix of character homes and newly built dwellings.
Shop 1 (72.4 sqm*): $13,500 - $15,000 p.a. + 14.20% of Outgoings (Massive fit-out incentives available)
Shop 2 (66.7 sqm*): $15,000 - $16,000 p.a. + 13.08% of Outgoings
Shop 1 & 2 (139.1 sqm*): $23,000 p.a. + 27.28% of Outgoings
- Lease Term Preferred 3-5 years
- Lessee performed works will allow for greater negotiation.
Owner/builder is currently in the process of giving the center a massive face lift including clearing and resurfacing the rear carparking area, restoring the façade and upgrading the overall power supply available to each shop.
- New corner shop cafe currently being fit-out creating the Major Anchor tenancy for benefit of the whole center.
- New Toilet block with female/male/disabled to be constructed.
- Resurface and polish terrazzo tiles on facade of building
*Approx.
If you would like to inspect the property please contact Nick Mastrangelo 0401 790 753 or Dion Mastrangelo 0431 576 848 or Mastracorp Land line 08 8212 0140
Property Code: 2009
