Ideal Bayside Investment
Looking for an affordable retail investment in a well known area with plenty of upside?
Shop 4, 5 Station Road Cheltenham ticks all the boxes.
Key attributes are as follows;
* Leased to a Tattoo Salon; Joys Ink Studio
* Annual rental; $19,152 P.A plus Outgoings
* Anticipated over 5% yield per annum
* Lease expiry Aug 2021, no options
* Tenant has indicated they would like to stay on
* Building area: 64sqm
* Zoned Activity Centre (AC2)
* Future development upside
Leased to a tattoo salon this retail investment is operating in a sector that is immune to online shopping. It is a thriving category and is well serviced by public transport, Cheltenham Station and many shops.
Inspections by appointment only.
For further details contact:
ALLAN BRODIE 0419 261 138
NB: All details and measurements are approximate. Images are subject to copyright.