Retail Leased Investment - 97sqm* retail corner location. - Lease expiry 2nd September 2017 + three year option. - Excellent exposure. - Affordable investment.
Burgess Rawson is pleased to offer for sale by Private Treaty this fully leased prime retail premises within the O'Connor Industrial Precinct. The unit is 97sqm* including amenity facilities and also features excellent business exposure onto Garling Street.
This boutique investment is currently leased at $24,024 + GST which equates to a 5.5% ROI with a CPI increase is scheduled for September 2015 the tenant also a three year option.
Price Reduced!!! Versatile Space Versatile front unit offering Hines Rd profile, situated in a mixed commercial complex of factory, showroom and office units. Full window frontage with security grills offers great natural light and peace of mind. The unit's open-plan layout allows you total flexibility to fit-out for your own needs and new carpets mean less to spend. Finally, suspended ceilings to most of the unit provides the opportunity for a well-presented office, showroom or retail space at the front and higher ceiling height in the rear of the unit allows for ample storage and shelving.
LEASED THEN SOLD - BY DAVID LIGHTFOOT David Lightfoot is pleased to present to the market this outstanding opportunity being Lots 6 & 7, 16 Minilya Ave, White Gum Valley.
This established neighborhood property is well located to service the surrounding residential areas with tenant/operator Cafe Lumos being a local favourite since 2010*.
Key features of the property include:
- Lots 6 & 7 leased to Caf Lumos
- 7%* Passing Yield
- New leases commenced 20th June 2016
- 5 year initial term
- 2 options of 5 years each
- 3% fixed annual reviews
- Market Rent reviews 2022 and 2027