Oak Park VIC 3046

Shop & Retail
50 m²
Sold

HAIR RAISNG INVESTMENT IN TIGHTLY HELD SHOPPING STRIP

Evolving gentrifying suburb
100 metres to Oak Park train station
Excellent future mixed use development

- Shop size 50sqm
- Land size 190sqm
- Commercial 1 Zoning
- 100 metres to Oak Park train station
- Rear off street parking for 4 car cars
- Leased to well established hairdressing business
- Returning $17,483.52 per annum net
- Tenant pays all the outgoings
- Three-year lease term from 5.5.2021
- Fixed 3 percent annual increases
- Excellent future mixed use development potential
- Evolving gentrifying suburb only 11km's from the Melbourne CBD
- Ideal property to kick start or add to your commercial investment portfolio