SEASIDE INVESTMENT - Leased to Paynesville Newsagency and Tattslotto
- 5 year lease which commenced 13th January 2014
- 3 further terms of 5 years
- Annual CPI rental reviews
- Current rent of $37,197.60 per annum plus GST & outgoings
Rare Affordable Supermarket Freehold Secure 5 year lease to October 2020, plus options to 2035. Lessee pays all usual outgoings as per the lease. Substantial 1,322 sqm Commercial 1 site with dual frontage of 26 metres. Modern 1,044 sqm building including liquor, deli, ATM. Prime waterfront location opposite popular tourist Marina, Ferry, Fisherman's Wharf etc. Central amongst Banks, Pharmacy, Bakery, Newsagent, Hotel. Potential long term redevelopment â?? retail and apartments STCA. Foodworks: Australia's largest truly independent supermarket group supporting $2 billion in annual sales throughout 650 stores. Paynesville / Metung...