Vendor Must Sell. Auction: Thursday 19th May at 1pm

SOLD

1 and 2/35-37 Drysdale Road

Warrandyte VIC 3113

Retail

FOR SALE

130m2

An outstanding first-time investment opportunity to secure an excellent commercial listing in Warrandyte. With a long-term tenant and positioned on two titles on approximately 140sqm, this property in an eight-shop complex provides a healthy returns.

•Tenanted by Indian Affair Restaurant
•Lease term 5 years
•Lease commenced in 2008
•Lease options 3 further terms of 5 years each
•Annual CPI increases
•Annual rental return of approximately $34,300
•Current neighbouring tenants include Pasta Mania Restaurant, Luttick Health Psychology, John Roberts & Associates and Janie's Way Ahead Hairdressing
•Property is in a business one zone