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PROUDLY RAY WHITE DEER PARK
This property presents an exceptional investment opportunity for astute investors or business owners alike.
This tightly held pocket of High Street provides great exposure to high foot traffic and excellent visibility.
With a reliable tenant already in place and surrounded by renowned brands, this commercial space promises excellent returns and long-term value.
Investment opportunity includes:
- Current lease at $51,480 INC GST per annum. ($4,680 INC GST per month).
- Lease commenced August 2022.
- Lease term = 4 + 4 + 4.
- 100% of building outgoings are covered by the renter, ensuring hassle-free ownership.
- 4% CPI rent review per annum.
- Rent due to increase by the 4% CPI this August 2024.
- Estimate outgoings $10,000 approx. per annum.
- Exposure to major transport links, including the Western Fwy and Melton Train Station, making it easily reachable from surrounding areas.
This is an excellent investment prospect in a vibrant commercial area, with its bustling commercial strip that attracts both locals and visitors.
*Commercial property site is for sale, business is not for sale.
(Photo ID is Required at all private inspections)
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent.
This tightly held pocket of High Street provides great exposure to high foot traffic and excellent visibility.
With a reliable tenant already in place and surrounded by renowned brands, this commercial space promises excellent returns and long-term value.
Investment opportunity includes:
- Current lease at $51,480 INC GST per annum. ($4,680 INC GST per month).
- Lease commenced August 2022.
- Lease term = 4 + 4 + 4.
- 100% of building outgoings are covered by the renter, ensuring hassle-free ownership.
- 4% CPI rent review per annum.
- Rent due to increase by the 4% CPI this August 2024.
- Estimate outgoings $10,000 approx. per annum.
- Exposure to major transport links, including the Western Fwy and Melton Train Station, making it easily reachable from surrounding areas.
This is an excellent investment prospect in a vibrant commercial area, with its bustling commercial strip that attracts both locals and visitors.
*Commercial property site is for sale, business is not for sale.
(Photo ID is Required at all private inspections)
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.