Invest Now With Serious Future Upside
Positioned in the booming retail / residential precinct surrounding Cheltenham Train Station, this multi-tenanted retail investment property offers not only a secure, steady income but a serious future residential development upside.
Surrounded by all the best Bayside lifestyle amenities, it doesn’t get better than this area.
Highlighted by the following key attributes:
* 6 separate tenancies
* Varying lease terms
* Total Net Rental – $43,200 per annum, plus outgoings
* Total gross building area: 200sqm*
* Total land area: 237sqm*
* Rear access
* Owner occupy or develop
* Impressive Activity Centre zoning
* Recent developments in the area have seen up to seven (7) levels
* Wonderful local shops, popular Sunday market and Westfield Southland nearby
For further information, enquiries and inspections, please contact:
JAMES GLEN – 0401 493 277 or jamesg@nicholscrowder.com.au
JULIAN VAUTIN – 0420 406 660 or julianv@nicholscrowder.com.au
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images are subject to copyright.
