Private Sale - Sold on Jul 11, 2024
$435,000
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Russell Bartlett
Commercial Sales and Leasing Executive
Perfect entry level freehold retail investment
Fabulous opportunity to enter the commercial property market with this 'cheaper than a unit with a better return!' lease profile. This well located freehold lock up shop of approx 70 sqm on approx 209 sqm lot with secure rear lane way access is currently leased to a creative Tattoo Studio on a 2 + 2 + 2 lease commenced 1st April 2023 with annual reviews of rent. Returning a healthy $26,508 pa plus
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Land size: 209 Square Metres approx.
Location
Property statistics
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Median house price
$805,000
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Victorian auction clearance rate
90%
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Auctions last week in Victoria
237
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Good Shepherd Lutheran Primary
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The floorplan, measurements of rooms and land size are approximate. Jellis Craig does not accept any liability or responsibility for any inaccuracy in any plan, drawing or rendering used in the advertising material to describe the land and/or the property and/or any described features.