VERY RARE OPPORTUNITY TO OWN A BRAND NEW SHOP-HOUSE, IN A SUBURB INNER-CITY LOCATION, WITH A 5% RENT RETURN, FROM A HIGH QUALITY TENANT READY TO MOVE IN, WITH A LONG LEASE AND REGULAR RENT INCREASES.
TWO AVAILABLE FOR SALE.
IDEALLY SUITED FOR RESTAURANTS, FOOD BUSINESS ETC,
FINANCIAL DETAILS:
LETTABLE AREA (estimated)
Tenancy 1- 292m2
Tenancy 2- 201m2
NET RENTAL
Tenancy 1- AUD 183,970 PA
LEASED TO QUALITY RESTAURANT
5 YEARS X 5 YEARS X 5 YEARS
Tenancy 2- AVAILABLE FOR SALE WITH VACANT POSSESSION
ASKING PRICE
Tenancy 1- AUD 3.6 million plus GST
Tenancy 2- AUD 2.1 million plus GST
CAR PARKING
Tenancy 1- 2 SPACES
Tenancy 2- S SPACES
OUTGOINGS
Tenancy 1- AUD 10,000 pa
Tenancy 2- AUD 9,000 pa
All information subject to contract, and believed correct, but not guaranteed.
Artists impression.
Construction as at July 2018
Click on images below for the restaurant tenant to commence on completion in tenancy 1
