Affordable Investment, Opportunity for Super Fund - 8% Yield or better
8% YIELD OR BETTER, BIDDING FROM $350,000
Located on the ground floor of bustling Military Road, this great little investment has a fresh 3 + 3 lease commencing November 2013.
The tenant is a long term Cremorne tenancy situated in the popular Cremorne Plaza, surrounded by retailers, office suites, restaurants and cafes.
With a net income of $31,000 and returning 8% yield or better, the property is in the affordable price range and is ideal for a super fund.
Central position, close to the IGA Supermarket and the Hayden Orpheum Theatre Complex.
Strata Area: 48sqm
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Expressions of Interest
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