YOU'VE WON THE LOTTO WITH THIS INVESTMENT OPPORTUNITY - RENEWED 7 YEAR LEASE TERM

- Securely leased retail investment opportunity in the boutique Hive commercial/residential development
- Leased to the very well established Normanby News and Lotto Agency
- Renewed 7 year lease with 2 further options of 7 years to commence 1.11.2024
- Commencing rental of $44,275.55 per annum net plus GST from 1.11.2024.
- The tenant pays all the outgoings
- Fixed 3 percent annual increases
- On-site undercover car space
- Tax Depreciation benefits

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.

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.

Explore the area

School catchments

St Mary's School Primary Prep-6 Catholic 0.39km
Fitzroy Community School - Thornbury Campus Primary Independent 0.50km
Thornbury Primary School Primary Prep-6 Government 0.63km
Wales Street Primary School Primary Prep-6 Government 0.75km
Santa Maria College Secondary 7-12 Catholic 1.1km
Northcote Primary School Primary Prep-6 Government 1.3km
Penders Grove Primary School Primary Prep-6 Government 1.4km
Holy Spirit School Primary Prep-6 Catholic 1.4km
Preston South Primary School Primary Prep-6 Government 1.5km
St John's College Preston Combined Prep-12 Independent 1.6km
Bell Primary School Primary Prep-6 Government 1.6km
St Joseph's School Primary Prep-6 Catholic 1.6km
Sacred Heart School Primary Prep-6 Catholic 1.7km
Northcote High School Secondary 7-12 Government 1.8km
Parade College - Preston Campus Secondary Catholic 1.8km
Westgarth Primary School Primary Prep-6 Government 1.9km
Brunswick East Primary School Primary Prep-6 Government 1.9km
Merri Creek Primary School Primary Prep-6 Government 2.2km
SEDA College (Victoria) - AFL- Preston Secondary Independent 2.2km
Preston High School Secondary 7-12 Government 2.2km
Thornbury High School Secondary 7-12 Government 2.2km
Virtual School Victoria Combined Prep-12 Government 2.2km
Antonine College - Cedar Campus Combined Catholic 2.5km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 2.9km
Fitzroy High School Secondary 7-12 Government 3.0km
Bindjiroo Yaluk Community School-The Island Campus Secondary Government 3.0km
Sydney Road Community School-Coburg Teaching Unit Secondary Government 3.1km
Northern College of the Arts and Technology Secondary 10-12 Government 3.1km
Coburg High School Secondary 7-12 Government 3.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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