New to market and available to purchase for the first time in almost 19 years, this leased retail investment is located in the tightly held Balcatta commercial business precinct. Its location benefits from its close proximity to the Mitchell Freeway on/off ramp, Balcatta Road and Reid Highway.
The property comprises a 250 sqm strata titled unit and an adjoining 86sqm rear storage yard. It is situated within a complex of 5 single level units, and boasts direct exposure to Erindale Road and ample common parking at the front.
The property is currently leased to 'Framers Point'- a well established picture framing business that has been operating from the premises for over 5 years.
What to know.
- Annual Net Rental of $30,750 p.a. + GST & Outgoings
- Leased until 08 July 2025, with a further 5 year option
- Substantial presence along the Erindale Road retail strip
Who to talk to.
For a copy of the IM or to seek any further information, contact the exclusive listing agent via the details below.
