Strong occupancy history. Favourable rent reviews. Potential for future subdivision (STCA). Income: $385,700 pa + GST. 73% of income derived from daily needs tenants.
+ Fully occupied retail complex approximately 2,545 sqm. + Tightly held investment, same ownership group for 35+ years + Landmark corner site approximately 3,747 sqm across 3 titles with huge dual retail frontage.
Terms: 10% deposit, balance 60 days.
AUCTION
Auction date and time
15/12/2021 11:00
Auction location
Burgess Rawson, River Room, Crown Casino, Melbourne