Renewed 5 5 year lease to Australian Postal Corporation through to 2022.
Fixed annual 3% increases.
Prime 193m2* premises with 10 metre* frontage & potential to subdivide (STCA).
Premier Business 1 zoning.
Strategic position within complementary retail strip including Coles, IGA, Bakers Delight, banks, pharmacies etc.
Lessee pays all usual outgoings
Recent Lessee improvements include new carpet and inte.rnal painting.
Store services 450 Postal Boxes located nearby.
Rent $42,680pa*
*Approx.
Interstate bidding is available by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 70.
11AM AEST Wednesday
8 August 2012
River room Crown Casino
Southbank Melbourne
For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/
Adam Thomas 0418 998 971
athomas@burgessrawson.com.au
Raoul Holderhead 0413 860 304
rholderhead@burgessrawson.com.au
