$1,600,000+
Offered to the market for the first time in serval decades, this main road investment property offering both an excellent return from an existing long-standing quality tenant together with the potential for future redevelopment, this property returns $90,000 per annum plus GST and all normal outgoings on a new 5-year lease commencing 23/04/2024 with a 3% annual increase.
Property features:
*Main road location
*Dual crossovers
*Long-standing tenant
*New 5 years lease
*Return $90,000 per annum net
*Annual 3% rental increases
*Executors auction
*Future redevelopment potential
To learn more or to arrange an inspection, please contact our listed agents:
Jeffrey Richardson - 0418 328 101
Chris Azidis - 0478 770 903
George Peng - 0432 582 669
$1,600,000+
Offered to the market for the first time in serval decades, this main road investment property offering both an excellent return from an existing long-standing quality tenant together with the potential for future redevelopment, this property returns $90,000 per annum plus GST and all normal outgoings on a new 5-year lease commencing 23/04/2024 with a 3% annual increase.
Property features:
*Main road location
*Dual crossovers
*Long-standing tenant
*New 5 years lease
*Return $90,000 per annum net
*Annual 3% rental increases
*Executors auction
*Future redevelopment potential
To learn more or to arrange an inspection, please contact our listed agents:
Jeffrey Richardson - 0418 328 101
Chris Azidis - 0478 770 903
George Peng - 0432 582 669
36 Greens Road, Dandenong South, VIC, 3175