Unit 1 / 220 Bay Road Sandringham VIC 3191

Teska Carson are pleased to offer to the market Unit 1, 220 Bay Street, Sandringham for Private Sale.
The property has the following investment highlights:
+ Income: $41,200 per annum + GST and all usual outgoings
+ 4 year lease to Kieser
+ One further 5 year option
+ 93 square metres with 2 car parks on title 
+ Attractive 3% annual rent increases, ensuring future rental growth
+ Strategically positioned within the Gardenside Development, which comprises 147 apartments with many more substantial developments either built or in planning within close proximity.
For more information or to arrange an inspection please don't hesitate to contact the listing agents.