Lease Details
Tenant: Local Video
Area: 183m?
Lease: 3 years from 1 February 2004
Option: 3 years
Gross Rental: $30,000 p.a. GST
Rent Review: CPI Annually
OUTGOINGS
Strata Levies $3,625
Water Rates $ 726
Land Rates $ 940
Net Return: $24,709 p.a.
Agents Comments
Located on a high profile corner position, this property has excellent exposure to both vehicular and pedestrian traffic. Very rarely do investments of this quality become available in this price range.