Retail | Showrooms

Property ID: 437176

 

SOLD | SOLD | SOLD | SOLD | SOLD | SOLD LAUNDROMAT INVESTMENT WITH 5 YEAR LEASE - CIRCA 5.5% Return

Level Gnd Floor, 721 Nicholson Street, Carlton North, VIC 3054

Vision Real Estate are pleased to offer for Private Sale, this securely leased and high yielding retail investment property with a new 5 year lease from 01/03/2024.

Located in the much sought after and tightly held Nicholson Street retail precinct, this property offers an opportunity for astute investors to purchase a solid retail investment with huge capital growth potential with a proven tenant in one of the best inner city suburbs in Melbourne.

Features Include;

* Area: 72sqm approx
* Long standing tenant
* Market rent of $33,000 per annum plus outgoings and GST
* 5 year lease commenced 01/03/2024 plus 5 year option
* Refurbished building

For all enquiries, information and inspections please contact Tim Bindley

For Sale

SOLD - Contact Tim Bindley

Tim Bindley