1/191 Hull Road, Mooroolbark VIC

For Sale

Retail

SOLD

330m2

This opportunity is for the astute investor looking for a terrific premise leased to two government tenants been Vic Roads and an NAB ATM located on the exterior adding to your overall return not to mention the great main road exposure and future opportunity to divide into two smaller retail premises and increase the overall investment.

* Building area: 330m2 approx
* Vic Roads returning: $75,000 per annum NET
* Term 2 + 2 years
* Lease commencement: 1st April, 2013
* Annual increases: 3%
* NAB ATM returning: $7,000 per annum + GST
* Term: 5 years
* Lease commencement: 1st June, 2012
* Annual increases: 3 %
* TOTAL RETURN: $82,000 per annum NET