This securely leased investment opportunity is perfectly positioned in a thriving suburban shopping strip and securely leased to Pascoe Vale Central News & Lotto.
Key property attributes:
> Excellent exposure to Cumberland Road with side wall exposed to carpark
> Generous land size of 193sqm* with rear access and space for two cars
> Favourable Commercial 1 zoning with future redevelopment potential (STCA)
> 5-year lease commencing December 2020
> Current rental $41,643.60 pa plus GST plus outgoings with fixed 3% rental increases
> Building area 122sqm* and corner-like exposure to the neighbouring carpark
> Surrounded by nearby amenity including, Pascoe Vale Station, easy access to Citylink and numerous parks and schools
* approx.
For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.