8A Balmoral Avenue Springvale VIC 3171

*This premises is located in a well-known landmark in Springvale CBD, popular
among the locals and high foot traffic, most are buy to hold, so don't miss this
golden opportunity.

* Rental income $63,865.32 PA
* Renewed lease August 2021 term 5 years + 1 x 5 years further term.
* August 2022 increase fixed 3%, and subsequent years 4% fixed annual
increase
* Market review further term
* Tenant pays all outgoings (except landlord tax)
* Floor Area: 64 m2 (approx).
* Multi-storey public car parking at rear.

Terms: 10% deposit
Balance: 60 days