Centrally located amid Newtown’s active cafe and shopping precinct, this retail/commercial space offers a solid investment prospect with excellent rewards for buyers looking to capitalise on a great opportunity. It is presented in top condition and features 45 sqm internal area and a long term tenant providing excellent rental returns.
+ Securely tenanted with a lease term of five years
+ Currently earning rental of $35,000 PA plus GST
+ A well-proportioned open plan streetfront showroom
+ Reverse cycle air conditioning and good security
+ Occupied by a successful nail and beauty salon
+ Flanked by popular eateries and supporting businesses
This is an exceptional chance to secure a prime commercial space within 6 km of the CBD providing ease of access for customers with year-round pedestrian traffic.
Strata Rates: $1,192.00 per quater (approx)
Water Rates: $175.00 per quater (approx)
Council Rates: $225.00 per quater (approx)
To view or for further enquiries please contact Carl Mirabella 0414 914 948 carl.mirabella@lsre.com.au