• 104sqm(approximately) leased retail unit
• Vendor is serious about selling
• Established tenant into second lease term
• 5-year lease (3 remaining) with Rights of Renewal
• Well presented with high stud and wooden floors
• $47,740pa with annual increase
• CV $750,000
This is a rare opportunity to secure a well-located, entry-level CBD investment, with immediate income and long-term upside. It is a hands-off bottom drawer asset, ideal for an astute investor seeking a passive return.
Positioned on the ground floor with excellent street exposure, the property has been renovated to a high standard, blending character features with a modern functional layout. High stud ceilings, timber flooring and good street frontage create an attractive and versatile space.
Strategically positioned along a major bus route, the property offers seamless connectivity to the CBD, nearby universities and is conveniently located close to motorways and public transport.
Affordable, high-yielding and for sale, the vendor's motivation is high, and this will be sold.
Opportunities at this price point and yield are rare – act quickly
Call Jill Downie today to book your inspection
