A wonderful opportunity exists to purchase a freehold building with excellent returns.
The Bakery, Retail and upstairs unit have all been renovated, and long term leases are all in place.
What’s on Offer:
THE FREEHOLD
The Freehold Premises consists of:
- The Bakery space – A new 3 year lease with a further 3 + 3 year option. Current Rent – $250 per week. The tenant pays for water, gas and electricity which is all separately metered.
- The Retail space/Shop front – A new 3 year lease with a further 3 + 3 year option. Current Rent – $250 per week. The Tenant also pays for water, gas and electricity which is separately metered.
- Above the retail space’s is a 2 Bedroom Residential unit – There is a new 6 month lease in place. Current Rent – $220 per week. With the Tenant paying for water, gas and electricity which is also separately metered.
Contact – Paul Tutt today to express your interest.