PRIME COMMERCIAL OPPORTUNITY Set in a prime central location is this fantastic shop/office facility that is perfect for the owner operator or astute investor looking for a strong yield on their property.
With the Gippsland Centre Sale, Post Office and the pedestrian mall across the road you will always be guaranteed high volumes of foot traffic past your front window, exposing your business to a wide range of potential customers every day.
The shop is in good condition both inside and out and with a floor area of some 115sqm currently utilised as retail space with small storage area, office and unisex toilet facilities...
CHARACTER RETAIL INVESTMENT The original Sale Fire Station contains approximately 180sqm.The property offers a return of $13000 per annum plus outgoings.
Lease term is for 1 year commencing 5/12/2015 with 3 x 1 year options. The rent is reviewed annually by reference to the CPI (Melb)
PRIME RETAIL PROPERTY RETURNING 7.99% A prime income producing property in the heart of the Sale CBD opposite the Commonwealth Bank fronting the newly reconstructed Pedestrian Mall.
Shop 1 Area: 188m2-Annual Rent $36,479 PA plus outgoings. 5 Year lease commenced 1/9/2014 to 1/9/2019 to Blue chip tenant Findlay and Weymouth Pharmacy. Tenant pays outgoings
Shop 2 Area: 106m2-Annual Rent $21,231 PA plus outgoings. (Monthly Tenancy to Cherie Clothing) Tenant Pays Outgoings
Combined Annual Income of $57,980
Brand New Lease to a Victorian Icon - RACV New 5 year lease to December 2020 plus option. RACV: A Victorian icon established in 1903 with 2 million service Members, 30,000 club members and 2,500 employees. Annual CPI rent reviews/Tenant pays all usual outgoings. Well maintained 301 sqm building with 10.5 metre retail frontage. Large 528 sqm 'Commercial 1' site with rear access and parking. Sale: Growing trade catchment population exceeding 32,000. Rent $76,431 p.a.
Immaculate Office/Retail Investment 3 Tenants on 1 Title
Fully leased investment with established tenants including Commonwealth of Australia. Annual rent increases. Tenants pay usual outgoings. Versatile 'as new' 469sqm premises with parking on title. Future subdivision potential STCA. Prominent corner site of 869sqm with premium retail zoning. Dual street frontage of 68 metres. Strategically located opposite Bunnings and close to significant Mirvac Shopping Centre. Sale: growing trade catchment population in excess of 31,000. Rent $73,888 p.a. (May 2014).
2 Leading Global Tenants To Be Sold In One Line Secure 3 year leases plus options to; Specsavers: World’s largest privately owned optical chain and Esso: Subsidary of ExxonMobil the worlds largest publicly traded oil and gas company.
Annual rent increases.
Refurbished 473m2* building with 20m* retail frontage and 18 car spaces on title.
Large 1,010m2* site with premium Business 1 zoning immediately adjoining 200* council car parks.
CBD location amongst major banks and national retailers.
Sale: Important regional city with 31,000+* trade catchment.
Rent: $70,470 pa* (as at Oct 2013).
Brand New Long Term Lease to Bunnings Bunnings: market leader and wholly owned by Wesfarmers Limited, an ASX top 10 company
Securely leased to August 2022 plus 4 x 5 year options
Unrivalled covenant, Bunnings Group half year sales up 5.7% to over $4 billion (Dec 2012)
Irreplaceable 8,212m2* island site, zoned Business 1
Strategic CBD location, integrated with major Mirvac Shopping Centre anchored by Coles, Woolworths, Target, etc
Modern 4,695m2* buildings recently refitted by Bunnings
Sale: Important regional city with 31,000 +trade catchment
Annual fixed 3% rent increases / tenant pays outgoings
Rent: $477,508 pa*
Trophy Freehold Office Investment - Renewed Lease Renewed 3 year lease to December 2018 plus option. Sullivan Braham Pty Ltd: long established and successful legal firm with history dating back to the 1920's. Annual CPI rent reviews/tenant pays usual outgoings. Well maintained 436 sqm building with 14.5 metre retail frontage. Large 836 sqm 'Commercial 1' landholding with rear access and 14 car spaces on title. Single tenant minimum management investment. Strategic location within Sale's legal and office precinct near law courts, new Wellington Shire council offices and metres from Sale's bustling retail heart. Sale: Important Gippsland comme...