Situated on a prime corner retail front position on Machinery Drive is this secure investment with a long lease to established business 'Pinto Thai'.
INVESTMENT DETAIL:
- 5 year lease expiring March 2024 + 5 year option.
- Net income $25,103 per annum
- Fixed annual reviews to 3%.
- Bond and guarantors.
FEATURES:
- 100sqm retail shop in retail shopping strip of (9) nine lots.
- Approved for retail food use.
- Grease Trap & exhaust canopy.
- Prime corner gateway position on Machinery Drive.
- Established tenant with excellent track record.
- 20 carparking spaces onsite.
PRICE:
$530,000 as a going concern.
For more information contact exclusive selling agents Towers Francis Property.