Nichols Crowder is proud to present 491A Hampton Street, Hampton, to the market via private sale. This 90sqm* retail space ticks all the boxes for either an investor or owner-occupier. With a solid return of $40,000 P/A + outgoings, it's an ideal "set and forget" investment with the potential for a long-term lease.
For owner-occupiers, there is a condition that either party can give three (3) months' notice, which gives the ability to occupy quickly.
Located on one of the most sought-after retail strips in Melbourne, Hampton Street continues to go from strength to strength. With a minimal vacancy rate, the location is highly desired by a multitude of retail businesses.
Key features include:
* Building area: 90sqm* (approx.)
* Front reception area
* Suitable for a variety of uses (STCA)
* Split system air conditioning/heating
* Toilet
* Kitchenette with hot water
* Ten (10) styling stations
* Three (3) basin areas
* Three (3) car spaces
* Great frontage onto the sought-after Hampton Street retail strip
* Currently tenanted with a five (5) year lease in place
* Either party can give three (3) months' notice
* Currently returning $40,000 p.a. + outgoings
For further details or to arrange an inspection please contact:
Matthew Duncan 0400 427 427
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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