13 Kaikorai Valley Road is positioned on a freehold title comprising approximately 193m² (more or less) and is surrounded by a range of established businesses including Bake Time Bakery, KFC, Domino's, Subway, Cableways, Liquorland, and many more.
The property represents an excellent opportunity to acquire a mixed-use commercial/retail premises in the popular Kaikorai Valley Road location.
Constructed in 1957, the building is of single-level, industrial-style design, featuring concrete block construction with steel and timber trusses, and an iron roof. The front tenancy operates as a hair salon with direct street frontage, while the second tenancy benefits from drive-in access via a roller door, with additional facilities located at the rear of the premises.
Key Features:
• Freehold title with total site area of 193m² (more or less)
• Fully leased with two tenancies in place
• Seismic rating assessed at approximately 75% NBS
• Net annual rental return of $20,618 plus GST
• Zoned Neighbourhood Convenience Centre under the 2GP Section 18 Commercial and Mixed-Use provisions
• Potential rental upside through future lease renewals and rental reviews
For a full Information Memorandum and lease details, contact us today.
