Outstanding stand-alone two storey brick constructed building comprising ground floor retail space, first floor open plan studio, rear right of way access and future development potential (STCA) .
This quality retail freehold investment is currently leased to long established News & Tattslotto agency and had been in operation as a newsagency for over 40 years (approx).
The property is well positioned along a retail shopping strip; neighbouring Australia Post and The Cheesecake Shop, within walking to Coles supermarket and only 3 kilometres (approx) from Highpoint Shopping Centre.
Key features include;
Rental return: $39,360.00 p.a. with CPI review due July 2013
Lease term: 5+5+5+5 years
Substantial building area of 528m2 (approx)
Land area: 374m2 (approx)
Zoned Business 1
9 metre (approx) frontage to Military Road
For more information please visit http://www.cvainteractive.net.au/5militaryroadavondaleheights
For more details, please email agent