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Retail in South Morang
SECURELY LEASED INVESTMENT IN HUGE GROWTH AREA
- Building: 296m²
- NO GST PAYABLE
- Positioned in the areas first shopping strip
- Solid 2 level building of 296sqm approx on 148sqm of land
- Lease Term: 6 years from 13.5.2016 with 2 further options of 6 years
- Rental return of $55,000 per annum plus all outgoings
- Fixed 3 per cent annual increases with market reviews in year one of each option
- Directors Guarantees
- Zoned Business One
- Ample front and rear customer parking
- Occupier is part of Australia's largest real estate brand-Ray White Real Estate with nearly 1,000 individual offices across Australia, New Zealand, Indonesia, India, Malaysia, Papua New Guinea, China, the Middle East and Atlanta USA
Building:
296m²
Zone:
Commercial 1
Categories:
Retail, Offices
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