Standalone retail or office building to suit owner occupier with holding income
This well performing strip of retail shops is now offered for sale and boasts a high profile corner position in a popular area with 4,612 vehicles passing daily. The property is capable of producing a net rental return of $66,710 per annum (fully let).
The building is configured as 3 tenancies ranging from 75 to 150 sqm with on site parking at the rear, and is currently tenanted by a very successful dress maker and a telecommunications company.
There is a 150 sqm vacancy which was originally 2 x 75 sqm tenancies. This space could be easily split to create a total of 4 tenancies.