Commercial premises located in busy shopping/business precinct. Excellent pedestrian & vehicular traffic. Large 117sqm ground floor retail premises in high-rise complex. Fully air conditioned with wide shop frontage. Currently leased until 31st October 2020 with a five year option & the tenant being responsible for all outgoings. On the current lease the income will return 6-7% on investment. This property is in a sought after location only 100m to the beachfront & within the designated foreshore development precinct.
Call Exclusive Agent Graeme Garwood on 0412 095 306 for further details.
|Floor Area||116 sqm|
|Land Size||116 sqm|
|Property Type||Retail, Tenanted Investment|
|Property Features||Large retail 116sqm shop, in prime location only 100m to the beach, with new 5 year lease in place., Building Name: The Boardwalk, Level Number: ground|
|Tenancy 1||Area Sqm: 116, Commencement Date: Monday, 31 October 2016, Expiry Date: Saturday, 31 October 2020, Rights of Renewal: 5 year option, Tenant Name: Westmore, Term (years): 2020|