475 Balcombe Road, BEAUMARIS VIC 3193
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- 24 Nov 2016
Hot Bayside Spot! New 3 Year Lease To An Established Business
hockingstuart commercial are pleased to present to the market this exceptional secure retail investment with the following key attributes:
- Secure 3 + 3 year lease which commenced 28th September 2016
- Rental income: $42,500pa + Outgoings
- Excellent annual 3% increases
- Ground floor shop, sale excludes 1st floor.
- Long term established tenant
- Tightly held and most sought after retail shopping strip in the heart of Beaumaris.
Key information on the local area:
- New Beaumaris Secondary School currently under construction only metres away, due to open Term 1 2018 to accommodate 650 year 7-12 students (http://www.schoolbuildings.vic.gov.au/Pages/Schools/Beaumaris-Secondary-College-.aspx)
- An abundance of nearby new residential projects currently under construction or in planning which will bring more local customers to this shopping strip
- Close to the world famous Royal Melbourne Golf Course
Call now to obtain further information on this high quality retail investment.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
475 Balcombe Road BEAUMARIS