> Ripper retail investment
> Affordable investment in boutique retail strip
> Stand alone opportunity
> Rental: $26,000 pa Net
> Lease commencement: Jan 2013
> Term: 2 yrs + 5 yrs + 5 yrs
> Reviews: 4% annually, to market value at the option
> Area: 110 sqm approx.
Other key features include:
> Adjoining council carpark
> Metres to Mont Albert train station
> Abuts high net worth residential precinct in Mont Albert and Surrey Hills
The subject property is ideally located, being positioned on the eastern side of Hamilton Street, between Mont Albert Road and the Mont Albert rail station.
It is strategically positioned in a well-regarded boutique shopping strip. Hamilton Street boasts a diverse range of retail including cafés, bakeries and specialty retail.
The property has excellent access to major arterials including Union Road, Canterbury Road, Elgar Road and Whitehorse Road.
It also has easy access to numerous public transport including bus and train services.
Mont Albert is located 13 kms east of the CBD. Mont Albert is a small residential suburb in Melbourne's eastern suburbs, bisected by the Ringwood railway line. The suburb is dominated by families, but also has a substantial number of aged. Mont Albert has few non-residential land uses, but features the Box Hill College of TAFE - Elgar Campus on its eastern border.
This investment won't last - call GrayJohnson today.