- For Sale
On offer, is this 108m² retail unit on the ground floor and has been occupied by a TAB and Gaming Lounge tenant since 2013.
The net rental income is $47,717.31 pa plus GST and the tenant pays all operating expenses. The tenant has 6.4 years to run on the current lease with NEW 2 x 5 years of right of renewals – the new right of renewals as requested by the tenant shows their confidence in this busy location.
On offer, is this retail unit on the ground floor and has been occupied by a fantastic local business – Mr Meats Butcher.
The net rental income is $71,220.12 pa with all outgoings paid by the tenant. The tenant has 4 years to run on its current lease with two further rights of renewal of four years remaining – the tenant has recently requested an additional right of renewal demonstrating their confidence in this location.
Both properties appeal to all investors looking to secure a fantastic return with built-in CPI increases and market rent reviews offering future upside.
Ref #: 20753923