Could this be the bargain of the century?
Currently just over 50% tenanted, yet returning a gross income of $65,000*^ per year which nets out to over $5,500*^ per month.
Some minor improvements to the shopping centre and one or two more tenants could double the income and allow extremely high cashflow investment getting a return of up to 20%* once fully tenanted. Currently at 8.8%*^.
Do not delay, act quickly and grab this shopping centre!
It could be the first one on your portfolio of shopping centres.
Contact Andrew Allen today on 0408 799 585.
^Subject to change due to nature of retail tenancies
For more details, please email agent