Development Opportunity with Income
Crabtrees are pleased to offer for sale by public auction this excellent retail investment property with development upside (STCA).
+ 3 year lease from 1st April 2016 with two 3 year options (includes 6 month demolition clause)
+ Currently returning $19,570.82 per annum net
+ Annual 3% rent increases with market review in 2019 & 2022
+ All outgoings are payable by the lessee
+ Total land area of 426m² approximately
+ Total building area of 150m² approximately
+ Favourable Commercial 1 Zoning
+ Retail shop of 82m² approximately
+ Two b...
Expressions of Interest
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