On the corner of the block in a prominent position, this freehold commercial property presents the ideal entry level offering for first-time investors or owner/operators. With standing blue chip tenants providing between 6.0%-6.7% yield including potential for further development (STCA) it provides an outstanding opportunity on 174SQM (approx).
Key Details:
-A 3x3x3 lease for $2,469 p/month (3.5% CPI Review April 2012)
-Right of way at the back of the property
-Newsagency &Tattslotto business as tenants
-A high visibility locale near to EastLink & transport
-A location near Mitcham Shops & Tunstall Square