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Sold Retail found in CARDINIA (METROPOLITAN), VIC

QUALITY INVESTMENT WITH GREAT RETURN!

Investment | Offices | Retail

The shop located on Burwood Highway is a fantastic opportunity to secure a solid commercial investment. The property is currently leased to T-Mans Pizza Pty Ltd on a 5 year lease which commenced on the 25/2/2009. The current rental is $35,095.76 per year plus GST with the lessee paying all outgoings. The lease includes fixed 4% increases annually with four further terms of three years remaining. At 8.1% yield return this is an outstanding chance to securer a solid investment property. Call 8727 9555 for a view or any further information in which you may require.

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Sale Price: $1    Building: 81.7m²    Occupancy: Tenanted

FULLY LEASED HIGHWAY RETAIL INVESTMENT

Investment | Retail

- Securely leased to major tenant Salvos Stores to 2019
- Salvos Stores successful government funded retail chain with over 300 stores nationally
- Parents without partners, non profit membership organization established in 1957
- Fixed annual increases/ Tenants pay usually outgoings
- Prominent 449 m2 building refurbished 2014 plus 14 carparks on title
- Large 815m2 landholding with extensive 65 m dual street frontage
- Premium Commercial 1 zoning
- Strategic position amongst supporting retail, next to newly constructed McDonalds and opposite Tecoma train station
- Rental $108,796 per annum

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Sale Price: Contact Agent    Building: 449m²

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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