Well Positioned Freehold Retail Building. High Yielding Entry Level Investment.
- New 7 year lease to 2023 with options to 2033 - Net lease structure â?? tenant pays 100% of outgoings - Dollars and Sense â?? established in 1985: discount retailer with 21 stores throughout Australia - Prime freehold property with 20 m main street frontage immediately adjoining backpackers motel & close to McDonald's - Attractive 3% fixed annual rental increases - Net Income: $120,000 pa + GST