Key Investment Features:
- Fully let net income of approximately $365,000 p.a.
- Multiple long term leases inc. 5 + 5 years.
- Recent upgrades/works completed on the asset
- Major tenant trading from its location for over 10 years
- B4 mixed use zone
- Exceptionally well presented with high quality finishes through – out.
This opportunity is situated on a 412.9sqm site and the total NLA is approx 1,224.7sqm. The basement, ground and first floors are occupied by Sofa Studio (5+5 year lease). The property is extremely well presented with polished concrete floors, custom internal stairs providing access the upper level show room, set ceilings with halogen down lights. The top floor comprises of commercial space, also recently refurbished to a high standard with an approx. area of 316sqm, currently leased to Vision Personal Training. (4+3 year lease)