1,228sqm (approx) Tenanted Investment with Exposure
- Two road exposure with High Street address
- Rarely offered
- One of five shops in a small complex
- B4 Mixed Use
- Currently leased to Fernwood Fitness Centre
- 1,228sqm (approx.) building including 321 sqm (approx.) of mezzanine
- Ample onsite parking
Tenancy Schedule:
Tenant: Fernwood Investments Pty Ltd
Lease Start: August 2020
Lease Term: 10 years
Lease Option: 3 years + 5 years
Net Income: $149,000 Per Annum
Rent Review: Fixed at 3.5%
Current yield, just under 4%
Inspection strictly by appointment
Features
B4 Mixed Use Zoning
Car Parking
Investment
Location
