FREE STANDING TROPHY INVESTMENT - AMONGST NATIONAL & MULTI NATIONAL BRANDED FACTORY OUTLETS
Arguably One Of The Finest Free Standing Retail Outlets In Melbourne. Simple In Design And Layout, With An Appealing Structure, Free From Obstruction. The Eight (8) Meter High Entrance Provides Positive Karma For Shoppers To Browse and Purchase Displayed Goods. The Building Is Three (3) Years Old, It Was Pre-Leased To New Balance In July 2007. With Current Rent Re-Negotiations Completed, The Tenant Has Excersised Their Option And The Lease Now Expires 5th June 2017. The Rent is $190,000 Per Annum. The Tenant Pays Outgoings and gst. Rent Reviews Are Yearly With 3.0% per ammum With A Market Review @ Option, 5th June 2017. Building Area is 380 sqm*, Site Area 270 sqm*. Depreciation Benefits Apply. For Sale @ $3,550,000. This equates to a net return of 5.3%.
*Approx
FREE STANDING TROPHY INVESTMENT - AMONGST NATIONAL & MULTI NATIONAL BRANDED FACTORY OUTLETS
Arguably One Of The Finest Free Standing Retail Outlets In Melbourne. Simple In Design And Layout, With An Appealing Structure, Free From Obstruction. The Eight (8) Meter High Entrance Provides Positive Karma For Shoppers To Browse and Purchase Displayed Goods. The Building Is Three (3) Years Old, It Was Pre-Leased To New Balance In July 2007. With Current Rent Re-Negotiations Completed, The Tenant Has Excersised Their Option And The Lease Now Expires 5th June 2017. The Rent is $190,000 Per Annum. The Tenant Pays Outgoings and gst. Rent Reviews Are Yearly With 3.0% per ammum With A Market Review @ Option, 5th June 2017. Building Area is 380 sqm*, Site Area 270 sqm*. Depreciation Benefits Apply. For Sale @ $3,550,000. This equates to a net return of 5.3%.
*Approx