604 Esplanade Mount Martha VIC 3934

An exceptionally well located property offering income security & outstanding long term development potential.

• Land Area: 4,070m2 approx
• Substantial residence converted into present funeral parlour facility
• Leased to Tobin Brothers Pty Limited
• Income: $122,000 per annum approximately
• Lease Term: 10 Years• Lease: Commenced 30 April 1999
• Further Term: 5 x 3 years• Annual Rental Reviews
• Magnificent Esplanade frontage overlooking Port Phillip Bay
• Information Memorandum available on request

AUCTION - THURSDAY, 22 MAY 2008 AT 1PM

For further details, please contact:

Andrew Morley 0418 319 443
amorley@teskacarson.com.au