Strata-Titled Retail Unit | 78sqm | Leased to Cignall
An exceptional opportunity to secure a leased retail investment in the well-established Hawker Shops precinct. Anchored by Woolworths, Post Office and Discount Drug Stores, the centre enjoys strong foot traffic from both the local community and surrounding suburbs.
Shop 3 is a 78sqm strata unit with a long-term lease in place to Cignall, a national tobacco and convenience retailer.
Investment Highlights:
• 78sqm ground-floor retail unit
• Net income: $47,360 p.a.
• 5-year lease in place with 4% fixed annual increases
• Further 5-year option with continued fixed rent reviews
• High-traffic location near anchor tenants
• Part of a strong suburban centre with a loyal customer base
Permitted Uses (Crown Lease):
• Shop
• Non-retail commercial businesses
• Banking and professional offices
• Art gallery
Outgoings (Covered by the tenant)
• Council rates - $6427.71
• Body Corporate levies - $5816.14
• Water rates - $804.23
This is a rare chance to purchase a low-maintenance, income-producing asset in a tightly held location.
Contact us today for more information.