Biggin & Scott Commercial Industrial proudly presents this exciting opportunity situated at foothills of Mt Dandenong.
Located within a tightly held popular retail strip on Mountain Highway with a fruit shop leasing the retail space on a 20 year lease and a 2 bedroom dwelling at the rear separately leased currently on a periotic lease.
Land Area: 197m2 approx.
Retail Features
- Retail Floor Area: 64m2 approx.
- Rental Amount: $22,014.55 plus GST & outgoings
- Lease Term: 5 years
- Further Options: 5 + 5 + 5 years
- Lease Commencement: 1st September 2015
- Security Deposit: $6,054.00
Dwelling Features
- 2 bedrooms
- 1 bathroom
- Rear lane access with car park
- Periodic Rental: $1,040 per calendar month
Total Income: $34,494.55 plus GST*
For further information or to arrange an inspection please contact:
David McGuinness 0433 322 443
*GST is only payable on the Commercial rental amount.
Property Code: 3771
