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High Yield Investment - Circa 6.5% Return

Shop 15, The Stables Childs Road, MILL PARK VIC, 3082

For Sale

Property for Sale in Shop 15, The Stables Childs Road, MILL PARK VIC, 3082

Miles Real Estate

143 Upper Heidelberg Road, Ivanhoe, VIC 3079

Listing ID:
11362023
Status:
Active
For:
Sale
Price:
$535,000
Last Updated:
25/02/2020
Icon building

Property Type

Retail
Icon square

Land Area

0 SQM
Icon size

Floor Area

60 SQM
Icon parking

Parking

N/A

High Yield Investment - Circa 6.5% Return

An affordable retail shop in this very attractive shopping centre. Situated in the well established Stables Shopping Centre, close to Woolworths and other key businesses.

- 3 New year lease returning $35,000 per annum plus GST
- Tenant pays all usual outgoings
- 3% Annual increases
- Building area: 60 sq. metres (approx.)
- Well established bakery
- Close to TAB, Newsagent, BWS and Hotel

A great opportunity to start or add to a commercial property portfolio.

Terms: 10% Deposit Balance 30/60/90 Days

Miles Real Estate

For more details, please email agent

Miles Real Estate

143 Upper Heidelberg Road, Ivanhoe, VIC 3079


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