FIVE STAR FREEHOLD INVESTMENT IN PRESTIGIOUS ARMADALE

SOLD

857 High Street

Armadale VIC 3143

Retail

FOR SALE

70m2

Ray White Commercial Oakleigh is delighted to present this outstanding stand-alone retail investment opportunity located in the affluent suburb of Armadale.

Boasting one of Melbourne’s most reputable and well-acclaimed Italian restaurants, Zia Rina’s Cucina, this secure investment property is certainly one that you want to add to your investment portfolio.

Armadale’s coveted status as one of Melbourne’s most prestigious and gentrified south-eastern suburbs should certainly ensure that this property appeals to those savvy investors looking to purchase a prime retail investment with exceptional growth opportunity going forward.

Don’t miss out on this great chance to secure an exclusive stand-alone retail investment with an outstanding tenant in place.

- Total land area 128m2 approx
- Building area 70m2 approx
- Rear laneway access
- Currently returning $42,230 p/a plus gst plus outgoings
- Five (5) year lease commenced 2015 with Two (2) further Five (5) year terms with 3% fixed annual increases
- Five star tenant

Auction: Thursday 23rd March, 2017 @ 11:00am on site

Paul Rizzo - 0418 688 888
Ryan Amler - 0401 971 622