SOLD PRIOR TO AUCTION Popular Neighbourhood Centre on prime corner site of approximately 1,396sqm comprising of 8 community titled shops with excellent tenant mix serviced by a car park fronting Lower North East Road and providing open exposure to the tenancies.
Fully leased investment - the premises has always been a strong performer with limited vacancy periods in its past.
Secure income stream through multiple tenancies - there are 6 lease covenants over the 8 units providing for continued confidence in the property's ongoing income.
Excellent rental growth potential with leases destined to be revised in lin...
A securely leased investment opportunity. - Prominent land mark two storey building
- Long term secure lease to Fast Twitch Australia P/L expiring 31st March 2021 plus two 5 + 5 year options
- Net rental income $97,500 per annum
- Large site area of 1,430sqm
- Total building area of 850sqm (approx) plus offices
- Excellent on site parking
Side by Side... A Rare Offering! A great opportunity to secure 2 large allotments side by side on O.G Rd. Perfect for the owner occupier who can utilise both properties in conjunction with each other for commercial storage and office purposes, without compromise of offering investors sound returns and future developers a valuable real estate holding. SOLD BY PULIC AUCTION- TOGETHER AS ONE; THEN SEPARATELY (if not sold as one) Auction: 4th March 2015 @ 1:30pm (onsite) Features to mention: - Combined Land: 1934sqm (10: 1154sqm & 12: 780sqm) * - Frontage: 42.64m (10: 21.32m & 12: 21.32m) * - Combined Building Area: 170sqm (O...
Super Investment - Fully leased to Super Cheap Auto Pty Ltd - Building area 810sqm - Lease term 10 5 5 years from 2/10/10 - Income $233,604 p.a. - Fixed 3% p.a. increases - Adjacent The Good Guys and Freedom Furniture
6 SHOPS, CLUB ROOM AND RESIDENCE - 2 Titles - Total site area 1,749 sqm (app)
- 2 corner shops available with vacant possesion
- 4 shops, club room and residence are leased
- Imputed income vicinity of $150,000
- Ample on site parking
- Prime corner locaion