Receiving a secured income at $2712 per month (5+5+5year lease) plus annual increases, while seeing the land value appreciates over time. Future potential for medical practice, child care or professional consultation (STCA).
CORNER BLOCK WITH SIGNIFICANT MAIN ROAD EXPOSURE
5 X 5 x 5 YEAR LEASE
RETURNING $32,549 / ANNUM
AMPLE PARKING AT REAR
A rare investment opportunity with the following key attributes:
- Exceptional main street corner exposure for business
- Current lease commenced Feb 2017 until 2022 plus 5 x 5 year option
- $32,549 per annum plus annual increases.
- 7 Car spaces at rear
- Air-conditioner in each room
- Keyless password access
- 400 metres to Tram75 and various bus routes
- Future possibility for medical / childcare / consultation (STCA).
- 5 minutes walk to Burwood Heights Shopping Centre, Woolworths, local cafes and restaurants
- Bus 733 at door step, 5 min walk to Tram 75 direct to CBD
- Deakin Uni, PLC just few stops away
- A short stroll to local parks and reserves
- Within the well-regarded Mount Waverely Secondary College school zone
Terms 10% Deposit. Balance 30/60/90 Days
To arrange an inspection or for more information please contact Grace 0412083861