CPG are pleased to present to market for sale via expressions of interest 5 strata title shops from 54m²* to 254m² (Total Area: 584m²*), all being offered to market with secure leases and rental income reflecting a 7% NET return per shop - ideal for both entry level investors who can secure only 1 shop, or astute investors seeking a significant leased asset by securing multiple/all shops.
Located in a modern, recently developed strata-titled building on a high-traffic road with both allocated and side street parking, these shops offer ample space, exposure, and flexibility for a variety of commercial and retail uses making it an ideal investment opportunity while also being ideal for any business owners looking to utilise the immense exposure of Stoney Creek road to expand and establish their presence and occupy the shop/s once the leases expire.
Features Include:
- Modern building constructed in 2017
- 5 separate strata titled shops from 54m²* – 254m²* total of 584m²* of building
- Corner position on high traffic road for maximum exposure
- Shops can be secured individually or all together, or in combinations
- Rental incomes ranging from $26,000 + GST pa - $75,000 + GST pa per shop
- Can be acquired at a 7% NET return (after outgoings) based on our price guide
- Secure lease terms between 2 – 5 years
- Rear lane access to all shops ideal for loading and product transfer
- Common disabled amenities and both male & female amenities
- 1.3km to Beverly Hills Station & 2km to Kingsgrove Station
Expressions of Interest:
Closing Thursday 20th April 2023 at 4:00pm
(If not sold prior)
Inspections:
By private appointment
For further information on this exciting opportunity, please contact the exclusive selling agents:
Greg Carr
0477 880 576
Ryan McMahon
0429 228 460
Jackson Chambers
0476 001 048
*Approximate.