Investment properties do not get better than this! 8% +++ net return – Act now! It will not last!
This blue chip commercial strata titled property is being offered for the first time since 1994. The only reason for sale is retirement consolidation. Now, it is your opportunity!
Comprising 67m2 internal shop area and an exclusive use alfresco covered dining area of 61m2, this shop is in the heart of the vibrant Montville shopping precinct.
Fronting Main Street, this property enjoys great pedestrian and vehicular exposure.
* Well established tenant in place since 2001 – Shali’s Cafe
* New 3 x 3 x 3 lease in place – Start date was – 12 December 2016
* Net rent of $35,346.22 + GST + Outgoings
* Solid concrete building comprising one other commercial shop (Montville Bakery) and 2 x residential units upstairs
* Bore on the property – no water expenses here!
* Well maintained property with 1 x carpark – Cool room area and toilet
* Easy access to the rear of the property from Main Street
Do not delay – The owners have made it very clear – This property must be sold – and sold quickly!