Knight Frank is pleased to offer for sale a well-positioned asset comprising four retail tenancies and a dwelling located at 70-74 Mersey Main Road, Spreyton.
This property is ideal for investors seeking a fully leased main road property with multiple tenancies.
Knight Frank recommends close consideration and highlights the following investment qualities:
- Located on a main arterial road
- Comprises one large tenancy, three shops and dwelling
- Combined site area 2,350sqm (approx)
- Diverse tenancy mix across four tenancies
- Well exposed and adaptable tenancies
- Ample on-site parking
- Estimated net income (before owners outgoings) of approximately $95,476.51
- Anticipated return of 8.67% based on asking price
70-74 Mersey Main Road, Spreyton is being offered for sale at $1,100,000+ GST (if applicable).
For further details or to arrange an inspection, please contact Nicholas Bond of Knight Frank.
For more details, please email agent