Secure leases - 5.5% net return An outstanding opportunity to purchase a securely tenanted investment in a tightly held retail strip.
- Total building Area: 157 sqm*
- Corner location
- Long established tenants
- Two (2) separate titles
- Total Rental $70,515.80*
- Five (5) years lease for both tenancys
- Two (2) on site car parks
- Situated within an established neighborhood
- Over 24 metre frontage
Looking to Sell, Lease, Manage or Develop your property? Contact ICR Property Group.
SIGNIFICANT CITY FRINGE DEVELOPMENT OPPORTUNITY WITH INCOME *Land Area: 2,250 sqm (approx) - 3 Titles
*Substantial frontage of 29 metres (approx) to Nicholson Street with second frontage to Balfe Park of 66 metres (approx)
*Excellent zoning - Commercial 1
*Close proximity to Melbourne University, RMIT and the CBD