Nelson Alexander Commercial are delighted to offer for Private Sale this fully leased and fantastically positioned retail shop and residence located in the very popular High St Northcote. With a thriving long term tenant and access from the front and rear this is an excellent opportunity for the astute investor. Please find full property details outlined below.
Property Details:
Zoned Commercial 1
Land Area 176m2 (approx.)
Building Area 150sqm (approx.)
Long Term Lease
Successful Tenant
Net Rent $50,000 pa plus gst plus outgoings
Lease Start Date 16/05/19
Term 5 Years (+5)
Rent Reviews 4% pa
Excellent Westgarth Location
Beautiful Shop
ROW Rear Access
Opportunity to Further Develop (STCA)
Fantastic Opportunity
For all property enquiries or to arrange an inspection, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.