Glenn Dias Real Estate presents this tightly held commercial investment offering an immediate and reliable income stream. Currently leased to an established dance school occupying both shops, this asset provides a low-maintenance, set-and-forget investment with future upside potential.
FEATURES
- Two combined shops (Shops 5 & 6)
• Single established tenant across both tenancies
• Approx. 194 sqm lettable area
• Strong annual income of $36,277 p.a.
• Tenant pays all outgoings except land tax
• Stable cash flow with long-term investment appeal
• Solid commercial construction
• Onsite and surrounding parking available
LOCALITY
- Located within a well-established neighbourhood shopping strip
• Strong exposure and accessibility
• Surrounded by complementary local businesses
• Positioned in a fast-growing southern commercial precinct
• Easy access to main arterial roads and public transport
TENANCY INFORMATION
Current Tenant:
Dance School (occupying Shops 5 & 6 combined)
Annual Rent:
$36,277 per annum
Outgoings:
Tenant responsible for all outgoings except land tax
GROSS ANNUAL OUTGOINGS APPROX. (Lessee Expense except Land Tax)
GENERAL INFORMATION
We encourage you to register your interest; however, we recommend that you first drive past the property. For more information, email the agent or call 08 8266 0888, Monday to Friday, 9.00 am to 5.00 pm. Please note that viewing times may change. Registered parties will be notified accordingly.
Landlords and investors, call 08 8266 0888 for an obligation-free assessment of your commercial investment. Glenn Dias Real Estate is well known for efficiency, reliability and personalised service.
Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. Glenn Dias Real Estate will not accept any responsibility should any details prove to be incomplete or incorrect. Refer to Form R7 attached.
RLA 281861
