Retail | Offices | Showrooms

Property ID: 395510

 

Budget Commercial Investment

4, 37-39 Station Road, Cheltenham, VIC 3192

GROUND FLOOR RETAIL PREMISES
Tsimos Commercial is offering this budget Commercial investment for sale. Pefect to get started or for the Self Managed Super Fund

Located within the Quest Apartment development and just a few minuets walk from the newly constructed Cheltenham Train Station.

Lease terms:
Balance of a 3 year lease with two further terms of 3 years each
Rental $22,284 per annum plus GST plus Outgoings
Fixed 3% annual increases
Leased to local and established hairdresser

Property features:
- Contemporary and light filled commercial space
- Ground floor with prominent street frontage
- Building area 47m2* plus one car space on title
- Easy walking distance to Cheltenham Train Station
- Vibrant and busy location among many established and complementing businesses

Sold

$400,000

Matt Brown

John Black