Retail for Auction
- About this property
- Explore Glen Waverley
Hot Retail InvestmentProperty ID 1548899This tightly held commercial 1 zoned retail shop has all the future potential an astute investor could look for in their next investment decision.
• 5 Year lease commencing October 2016 with option
• Starting rent: $40,000 per annum plus GST and Outgoings
• Yearly 3% increases
• 176m2(appox) land
• 80m2 (approx) retail shop plus coolrooms
• Commercial 1 zone
• Rear laneway access
• Located on busy Blackburn road surrounded by busy retail/food related businesses
• Located opposite 180m* from Syndal station which has been freshly renovated creating a total of 590 (approx) car spaces and seeing 2,600(approx) commuters daily.
With over 20 years trading history this secure business will make the perfect tenant, All Located within 200m (approx) of Syndal station, and 1.5km(approx) from The Glen shopping centre and retail precinct.
For further information please contact either Ben Ainsworth 0412 534 028 or Ryan Trickey 0400 380 438
Due diligence checklist - for home and residential property buyers