overview

  • 1P0867
  • House
  • Sold
  • 3 sqm
  • 2
  • 1
  • 2

Description

Securely Tenanted High Exposure Retail Property (Freehold Property)
Located in the central of Elsternwicks prime retail area, this outstanding 2 level property offers the buyer a secure and appreciating investment opportunity.

Securely tenanted by a Japanese restaurant on a 5 x 5 year lease
Less than 1 years remain on the first term
Rent: $45,457 net plus GST & all outgoings
Leased since 2008
Annual reviews - 3% p.a
Land area - 267 sqm. (Approx)
Building area - 341 sqm. (Approx)
Zone - Business 1 zone
Close to Elsternwick Train Station
The ground floor features restaurant, kitchen, double garage, store room.
First floor comprises 2 bedrooms, formal living and dinning area, kitchen, and 1 bathroom and function room

Mel Ref: 67 F3

FOR FURTHER INFORMATION CONTACT:
Suzen Su 0421 858 929
Leo Ren 0402 514 025

floorplan

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