+61 3 8566 7633 +61 3 8566 7633| Sale History ID: | 659 |
| Property ID: | 1725 |
| Type: | Investment(Retail) |
| Price: | Contact Agent |
| Rent: | $45,427 |
| Building: | 170m² |
| Land: | 170m² |
PREMIUM RETAIL INVESTMENT OPPORTUNITY
• Outstanding opportunity to acquire an exceptional retail investment property
• Lease to major tenant RAMS Home Loans branch office
• 3+2 year lease with annual rent increases of 4%
• Current annual net rental $45,427
• High volume foot traffic in AAA retail strip
• Located in heart of Footscray on Barkly Street
• On site secure car parking on title for 1 car
• Rear access to secure car parking
• Self contained inc amenities & kitchenette
• Close proximity to train station & markets
• Footscray Activity Centre Zoning
• 1 of 3 shops to be auctioned individually - refer to 238 & 234 Barkly St
• Investment report & contract/sale documentation available upon request
• Open for inspection Wednesdays 12.30 - 1.00 pm or by appointment
| NAME | NABER'S | BUILDING | LAND | RENT (p.a.) | PRICE |
|---|---|---|---|---|---|
| Retail Shop [SOLD] | N/A | 170m2 (inc 1 car space on title) | 170m2 | $45,427 | Contact Agent |
There are no other sales & leasing results recorded for this property.
| Occupancy | Tenanted: Rams Home Loans |
|---|---|
| Zoning | Activity Centre Zone |
| Commenced | December 2016 |
| Yield | TBA |
| Lease Term | 3 + 2 years |
|---|---|
| Bonds / Guarantees | 3 Months Security Deposit |
| Rent Review | 3.5% annual |
| Car Spaces | 1 car space on title |
| Outgoings Payable | by Lessee |
|---|
P: 03 8566 7633
M: 0414 304 580
P: 03 8566 7633
M: 0419 207 803
