Fully leased mixed use retail & residential investment property, with future development potential.
Situated on a 730m2 allotment in a neighborhood center zone is a retail shop of approx 123m2 currently leased by Kebab & Pizza Bar business for $19,384p.a. plus outgoings and GST till 31st June 2020 with one right to renew for five (5) years, fixed 2.5% annual rent reviews and to market on renewal.
Also attached is a three bedroom conversational styled dwelling separately rented at $14,300p.a. till April 2019.
To arrange an inspection please contact Agent at Munro Commercial ph 8132 2030 RLA 150778