Popular Neighbourhood Centre on prime corner site of approximately 1,396sqm comprising of 8 community titled shops with excellent tenant mix serviced by a car park fronting Lower North East Road and providing open exposure to the tenancies.
Fully leased investment - the premises has always been a strong performer with limited vacancy periods in its past.
Secure income stream through multiple tenancies - there are 6 lease covenants over the 8 units providing for continued confidence in the property's ongoing income.
Excellent rental growth potential with leases destined to be revised in line with escalating market rental rates at their next renewals.
An affordable investment with an excellent tenant mix that should continue to maintain a strong secure return for the potential purchaser.
The property will be offered for sale via Public Auction on Wednesday the 18th of November at 10:30am on site (unless sold prior).
Romualdo Cicchiello - 0412 710 348
Lyndon Cocks - 0438 849 650
RLA 231 015