112 & 112A Mount Eliza Way, Mount Eliza

Nichols Crowder

Sold

Friday, 2nd September 2022

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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