Superb Corner Investment With UpsideEnquire about a commercial loan
Savills and M.G.O'Halloran are delighted to offer For Sale by Auction this fantastic corner investment, with significant future development upside.
Key attributes of this property are:
- Prime corner land holding of 493sq m*
- Quality existing building of 450sq m*
- Three street frontages totalling 51 metres*
- Commercial 2 Zone
- 5 year lease in place to national tenant â€“ Pedders (expiring December 2018 â€“ no options)
- Current Net Rental: $68,640p.a. + O/Gâ€™s + GST
- Fixed 4% rental increases
- Magnificent location between City Road and Cecil Street, surrounded by South Mel...
Expressions of Interest
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