New 5 plus 5 Year Lease The property offering occupies a profile position with the Tenant, National Pharmacies, on a new long term five plus five year lease from 1 November 2015.
- Current Net rental $22,488.60pa
- Unique opportunity for SMSF or private investor
- Outstanding location adjacent Parabanks Shopping Centre and Cash Converters
- Price $350,000 showing an attractive return of 6.43% return
INVESTMENT/ DEVELOPMENT OPPORTUNITY Owner says sell, giving the astute investor the opportunity to improve the premise and secure affordable tenancies and ultimately healthy returns.
Fantastic Upside of income with 5 shops leased and 3 vacant
Features to mention: - Site Area- 2351 sqm (approx) - Building Area- 742.30 sqm (approx) 8 Shops in total - NCE Neighborhood Center Zone: Flexible zoning with great re-development potential - Corner dual street frontage - $60,1290.74 pa + ($9386.57) Recoverable Outgoings + GST - On site car parking - Highly secure with roller shutters - Great re-development potential (stcc)
MODERN TILT UP DESIGN - WAREHOUSE + OFFICE Very well situated premises just off Main North Road Salisbury Plain.The premises are relatively new and offer excellent facilities if you are looking for more Modern & Updated facilities.
The property Features
* Secure Location - fully sealed yard and fenced
* Total building area is 500 sqm (approx)
* Concrete Tilt Up Construction
* Large front office - plus amenities
* High clearance roller door entry
* Additional mezzanine storage
* Community Titled Complex - joins other quality premises and businesses