Shop 4/5 Station Road, Cheltenham


Monday, 25th March 2019

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.

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