Property

Description

Long running & well-established sandwich shop which is located in a busy industrial area with plenty of local walk in trade.

This is the ideal investment opportunity considering the return of $31,894.56 per annum or $2,657.88 per month (exclusive of gst) will give you around a 7.5% return.

Featuring a large 83.5sqm of internal space & also offering its own toilet & undercover parking (15sqm). Total area with parking is 98.5sqm.

Current lease expires in April, 2029 with an option to renew for a further 3 years.

Outgoings:
Strata levies: $337.65 per quarter
Council rates: $410 per quarter
Water rates: $460.65 per quarter (tenant to reimburse water usage, wastewater & trade waste)

CONTACT: Marc Dissinger 0413 750 868 or [email protected]