Butcher, Baker, Investment Maker
Nichols Crowder is delighted to offer this prominent retail investment property to the market.
With two established and long term tenants, 112 & 112a Mount Eliza Way is the perfect investment to satisfy your appetite.
This trophy investment provides the following benefits;
* Two (2) quality retail shops on one (1) Title
* Secure tenants trading as Brumby’s Bakery and Eliza Meats
* Significant land area: 334sqm*
* Two frontages – Mount Eliza Way and Petticoat Lane
* Commercial 1 Zoning with future development upside (STCA)
* Combined annual rental: $109,815 p.a. (net) plus GST
* Long term leases with further options
112 Mount Eliza Way
* Tenant: Strawberry Cushion Pty Ltd T/A Brumby’s Bakery
* Building area: 157sqm*
* Rental: $65,362 p.a. (net) plus GST
112A Mount Eliza Way
* Tenant: Morgan Woods Pty Ltd T/A Eliza Meats
* Building area: 104sqm*
* Rental: $44,454 p.a. (net) plus GST
* Adjoining Council car park and opposite Ritchies IGA anchored shopping center
* Positioned in the heart of Mount Eliza Village retail precinct
* Terms: 10% deposit, balance 30/60/90 days
* Auction- 2nd September 2022 at 11am onsite*
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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