5 & 6/255 Dorset Road Boronia VIC 3155
- 86 m²
- For Sale, $285,000 - $300,000 plus GST if applicable
Ideal for the Investor with Development Potential S.T.C.A.
This retail investment is located in the heart of Boronia Central "Railway Arcade" between the railway station and Dorset Road.
These two retail shops are listed on one title, one has a tenant with a 2 year lease plus a 2 + 2 years option that commenced in December 2017 with a current nett annual rental of $10,335.60 and 3.5% annual increases. The other shop is secured by a new 2 year lease plus a 2 + 2 year option that will commence from the 31/07/2019 with a nett annual rental of $9,468 and 2.5% annual increases.
These shops are within the Boronia activity centre possible development potential S.T.C.A.
For further information or to inspect call John Katselas on 0411 110 997
|Floor Area||86 m²|
|Land Area||86 m²|
|Parking||On site parking available|
|Annual Return||Ask Agent|
|Last updated||2 May 2019|