This dual-tenanted retail investment presents a rare opportunity in a tightly held suburban pocket, with minimal competing stock available.
Positioned within a well-established local retail complex servicing the surrounding residential catchment, the property delivers a dependable income stream with a combination of lease security and strategic upside.
Key Features:
240sqm of lettable area
Net income approx. $75,000 + GST p.a.
Partial outgoings recovery anchor tenant contributes under current lease terms
Internal playground included a unique community drawcard
Solar system installed energy efficiency benefits
WALE approx. 2.5 years
Anchor tenant on long-term lease with fixed 4% annual increases
Second tenancy with renewal options ideal for value-add or lease restructuring
With limited fully-leased investments currently available in this price range, 38 Ainsdale Street represents an affordable and low-maintenance entry point for commercial investors seeking long-term returns.
For Sale by Expressions of Interest closing 17th June 2025 (unless sold prior)
Contact the Exclusive Agents at Cornerstone Commercial for more information or to access the due diligence pack.