Crabtrees Real Estate are excited to offer to the market this securely tenanted investment located at Ground Floor/207 Elgar Road, Surrey Hills for Private Sale.
++ CONTRACTS ARE NOW AVAILABLE ++
The property is currently leased to Skytreat Pty Ltd trading as Sky Skin Laser Clinic Surrey Hills on a secure 5 year lease until September 2026 with two (2) further five (5) year options.
This tightly held modern retail shop is well positioned within the heart of the highly sought after Surrey Hills suburb which neighbours Box Hill and Balwyn and enjoys immediate access to public transport, local shops and restaurants. Wattle Park is also a minutes walk away.
INVESTMENT FEATURES:
+ 5 x 5 x 5 year lease from October 2021
+ Currently returning $32,960 per annum (net)
+ Annual increases of 3%
+ Security Deposit: $8,800
PROPERTY FEATURES:
+ Total building area of 64 sqm*
+ Front and rear access
+ Professionally fitted out as a skin & beauty laser clinic
+ Air conditioned throughout
+ 1 secure car park at rear
+ Security system
+ Close to shops & public transport
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
