18 The Mall, HEIDELBERG WEST
overview
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1P0336
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Retail
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Sold
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325 sqm
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225 sqm
Description
GREAT EXPOSURE SHOPPING PRECINCT WITH SOLID YIELD!
This freehold premises for sale consists of the front news agency and the rear beauty parlour located on the ground floor plus a two bedroom apartment on the upper level.
Currently returning a strong yield of over $62,400 per annum.
Front Shop: News Agency returning $26,000 per annum on a 4 years lease with 3 further terms. 108 sqm building area
Rear Shop & Upper Level: Health & Beauty Centre & 2 Residential bedrooms/1 bathroom and 1 living room apartment returning $36,400 per annum, on a 5 years lease with 2 further terms.
Located in a well known shopping strip in the Northern suburb with ample open spaces parking spots and great future growth and development potential!
Contact Tze Chan @ 0433 619 128 for more info!
Currently returning a strong yield of over $62,400 per annum.
Front Shop: News Agency returning $26,000 per annum on a 4 years lease with 3 further terms. 108 sqm building area
Rear Shop & Upper Level: Health & Beauty Centre & 2 Residential bedrooms/1 bathroom and 1 living room apartment returning $36,400 per annum, on a 5 years lease with 2 further terms.
Located in a well known shopping strip in the Northern suburb with ample open spaces parking spots and great future growth and development potential!
Contact Tze Chan @ 0433 619 128 for more info!
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