- Strata titled lot with a wide shop front
- Part of a prominent development on an elevated corner site
- Secure investment with long standing tenant
The Location:
Enjoying a prominent position in a high exposure site on the Princes Highway at Sylvania, this strata title mixed use development also benefits from its corner location which offers 24/7 customer parking at the front of the building.
Currently leased to a secure long standing tenant, your income stream starts from day one of ownership. The wide shop frontage of approx. 10 metres offers exceptional display opportunities with a constant high volume daily average traffic flow along the Princes Highway of approx. 28,000 vehicles.
The Property:
- Building offers a main southern arterial road position
- Street level retail | commercial premises in a high exposure position
- 24/7 customer street parking with timed spaces creating high vehicle turnover
- Total Lot area of approx. 134m²
- Floor space approx. 105m²
- Two car spaces approx. 29m² on title with one fully caged for storage option if required
- Zoned B1 Neighbourhood centre
- Full width 7.3 metre glazed display shopfront
- Private amenities include a WC plus a kitchenette
- Ducted A/C
- Undercover rear lane access to the lot
- Securely leased at $45,480 per annum plus GST offering immediate rental income