For Sale: $500,000 Shop 4 28M2 Shop 5 22M2 Lease: To be renewed in February 2020 Current Rent: $3000.95 per month $36,011.40 Approximately 7.2% net return Outgoings: Council Approximately $2,240.00 per annum Water: Approximately $280 per annum Strata: Approximately $11,000 per annum TOTAL $49,531.40
FEATURES: Currently rented by a well established real estate agency with their own office on the main street. The current lease commenced in February 2011.