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NEWTOWN
10/
321
Pakington Street
Entry Level Retail Investment
- Fully Leased Retail Investment
- Annual Rent Increases
- Prime Location
Fantastic retail/showroom investment opportunity in prime Pakington Street.
* Leased to clothing retailer, Bay Kids.
* Solid Three (3) Year lease + options to September 2032.
* Net Income: $42,500 per annum.
* Outgoings payable by tenant ($9,800 pa approx)
* Annual CPI rent increases-Market Review at option.
* 22 shared car spaces at the rear.
Property Features:
• Surrounded by a variety of successful business including national retailers.
• Active residential catchment area.
• Busy foot traffic.
• Floor Area 78.7sqm approx.
• Commercial 1 Zone.
Your opportunity to invest in Victoria's 2nd largest city and Australia's 2nd fastest growing city.
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Property ID:
500854623
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Key Information:
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Property Type:
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Retail, Office / Showroom, Office
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Showroom:
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78 sqm approx
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Total m2:
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78 sqm approx
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Price:
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Price Reduction!
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Return
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4.29%
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Availability:
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Now
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Contact Agent:
Anthony Kelly
M: 0411 740 394
E:
akelly@kellyproperty.com.au
Gordon Kelly
M: 0411 693 859
E:
gkelly@kellyproperty.com.au
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