The Vendor Says SELL, SELL, SELL

Don’t miss out on this fantastic opportunity to own a beautifully renovated shop, strategically located in a prime area with excellent development potential. Situated just a short walk away from shops, restaurants, Greensborough Plaza, Train Station, and Watermarc, this 80sqm shop offers a range of possibilities for the astute buyer.
With the lease already in place, you can enjoy a steady rental income from day one. The annual increase of 2.5% ensures your investment grows over time, offering attractive returns. Whether you’re an investor looking for a reliable income stream or a visionary ready to capitalize on the development potential, this property ticks all the boxes.
Key Features:
Size: 80sqm (approx.)
Lease Details: $33,825 per annum plus GST plus outgoings
Lease Term: 3 years commencing on 1st September 2022, with a further term of 3 years
Annual Increases: 2.5% per annum
Renovated by the current tenant to a high standard
Rear lane access for convenience and easy loading/unloading
Development potential to expand or extend the current shop

This property is sure to attract attention, so act quickly to secure your slice of the thriving Greensborough market.

Auction: 23rd August, 2024 @ 1pm

For further information or a private inspection.
Contact: Terry Gazelle 0438 196 480

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