This blue-chip investment opportunity will excite discerning investors and has the remarkable security of an existing lease with an established National Franchised tenant.
• Zone | Commercial 1
• Lease | 6 years + 6 options of 5 years each (effectively 36 years)
• Lease | Commenced 1st October 2013
• Rental | $116,328.33 PA net from October 2015
• Reviews | 4% annually
• Bank Guarantee | $53,776.06
• Total building area | 461m2*
The well-appointed existing property consists of 310m2* office/retail space, 150m2* of basement storage and an additional 57m2 of adjacent land that has been added to the title. This site, in a prime retail position, has plans and permits endorsed by council to erect a three storey commercial building plus basement. This exceptional plan exhibits state of the art design, fittings and fixtures displaying all the requirements of contemporary business needs and would provide facility for 12 car spaces.
In a high exposure position in the midst of a thriving strip-shopping centre and close to bus routes, freeway access, Tunstall Square and Westfield Doncaster.
