112 Mount Eliza Way, Mount Eliza, VIC, 3930

Nichols Crowder is delighted to offer this prominent retail investment property to the market.

With two established and long term tenants, 112 & 112a Mount Eliza Way is the perfect investment to satisfy your appetite.

This trophy investment provides the following benefits;

* Two (2) quality retail shops on one (1) Title

* Secure tenants trading as Brumby's Bakery and Eliza Meats

* Significant land area: 334sqm*

* Two frontages - Mount Eliza Way and Petticoat Lane

* Commercial 1 Zoning with future development upside (STCA)

* Combined annual rental: $109,815 p.a. (net) plus GST

* Long term leases with further options

112 Mount Eliza Way

* Tenant: Strawberry Cushion Pty Ltd T/A Brumby's Bakery

* Building area: 157sqm*

* Rental: $65,362 p.a. (net) plus GST

112A Mount Eliza Way

* Tenant: Morgan Woods Pty Ltd T/A Eliza Meats

* Building area: 104sqm*

* Rental: $44,454 p.a. (net) plus GST

* Adjoining Council car park and opposite Ritchies IGA anchored shopping center

* Positioned in the heart of Mount Eliza Village retail precinct

* Terms: 10% deposit, balance 30/60/90 days

* Auction- 2nd September 2022 at 11am onsite*

Remember to mention you found this property on CommercialReady