Asking $420,000 - $450,000 (No GST)
This remarkably versatile retail space presents an exceptional opportunity for astute purchasers seeking to add substantial value in their investment portfolio, an incredibly affordable price point. Tucked away in the vibrant core of Eltham, adjacent to Main Road and mere moments from the thriving Eltham Shopping Centre. This remarkable property unveils a world of unrivaled exposure and convenience.
The property has the following investment highlights:
• Three (3) year lease to 2026 plus one (1) further three (3) year option to 2029.
• Favorable annual Fixed 5% rent reviews.
• Landlord-favorable, net lease terms with tenant responsible for all usual outgoings (excluding
Land Tax and body corporate).
• Exposure to Main Road, Eltham.
• Immaculate 73 sqm approx. retail area.
• Net Income: $25,089.60 + Outgoings(excluding body corp. fee)
In conclusion, this versatile retail space stands as a beacon of opportunity. With its unrivaled location, proximity to premier shopping destinations, and seamless transportation access, this property epitomizes the epitome of investment potential and promises a future teeming with success.
