This high profile retail shop leased to a long term tenant plus a vacant rear residence/office gives an outstanding opportunity to either maximise the rental or to part occupy.
Gorman Commercial is pleased to offer the property for sale by public auction on Wednesday 16th October at 12 noon on-site.
Key features of the property comprise:
* Building area: 225 sqm approx.
* Land area: 380 sqm approx.
* Current income: $44,050 p.a. + GST + outgoings
* Fully leased income: $56,050 p.a. + GST + outgoings
* Commercial 1 Zone
Located on the corner of Canterbury Road, Mitcham Road and Boronia Road Junction with outstanding exposure and future development potential. Only a few minutes to drive to major arterial, East Link and Eastland Shopping Centre.