Prime retail investment leased to the prominent 'Cookies Cycles', the only bicycle shop in Franklin.
130 sqm retail tenancy located within the newly completed Aamira development, located at one of the terminals of the new light rail and prime Flemington Road frontage with outstanding visibility. The property consists of approx 6m wide glass, common toilet facilities and rear access. There are 2 underground, remote access car parks on-title. Take the opportunity to explore this great priced easily managed single tenant investment to a happy tenant for your property portfolio.
Tenant pays increases in outgoings.
Attractive 3.5% annual rental increases.
Net income $38,575 pa + GST