Invest Now, Occupy Later
EXECUTOR’S AUCTION
Positioned on the direct corner of Chapel Street and Dandenong Road, this two-level shop and dwelling sits at the gateway of one of Melbourne’s most vibrant and popular retail strips.
This property investment offers the following benefits:
* Shop and dwelling income: $36,464.00 per annum
* Signboard income: $9,111.00 per annum (we believe under let)
* Total net rental: $45,575.00 per annum
* Shop lease expires December 2017 (no options)
* Signboard lease expires March 2020 (1 further option of 5 years)
* Open plan shop with kitchenette and toilet
* 1 bedroom residence
* Rear laneway access
* Re-negotiate with the current tenant to stay on longer
* Ideal situation for buyers looking to occupy their own property
OPEN FOR INSPECTION:
Thursday 27 April: 12.00 – 12.30pm
Thursday 4 May: 12.00 – 12.30pm
Thursday 11 May: 12.00 – 12.30pm
For further information 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.
