Strong Return with Secure Lease
Nichols Crowder is pleased to present to the market this exclusive opportunity to purchase one or two highly sought after retail shops in the heart of Mornington.
Key features include:
* Prominently positioned on a highly visible corner site opposite vicinity owned Mornington Central
* Secure three (3) year lease until January 2025 (plus 3-year option)
* Excellent tenant – Blow Kulture (hair and make up)
* Generous fixed 4% annual increases
* Total building area of 74sqm*
* 3 months security bond
* Net income $60,598 p.a. plus GST and outgoings
* Option to purchase Shop 11
For further information or to arrange an inspection, please contact the listing agents.
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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