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.  

FINANCIAL DETAILS:

LETTABLE AREA (estimated)

Tenancy 1- 292m2

Tenancy 2- 201m2

NET RENTAL

Tenancy 1- AUD 183,970 PA

5 YEARS X 5 YEARS X 5 YEARS

Tenancy 2- AVAILABLE FOR RENTAL/SALE 

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

Melbourne shop-house