PRIME ESPLANADE INVESTMENT
Modern shop freehold located in sought after Esplanade position. Amongst the central business district opposite the front lake approximately 150 metres from Post Office providing fantastic exposure to a large volume of passing trade. The premises are zoned commercial 1 and offers many retail uses and opportunities to the investor. Currently leased to a strong tenant offering an approx 6.5% return on your investment with an initial 6 year lease commencing January 2017 followed by 2 x 5 year options and annual % increases.
Price: $515,000 ex GST