High Exposure - Excellent Yield
- Building: 1,150m²
- Land: 1,165m² (0.29 acres)
This high profile Princes Hwy location provides a secure investment with well established long term tenants. Over 61 000 cars pass each day. The existing tenants include a bicycle store established for more than 37 years, a Tae Kwon Do studio established for 15 years and a Dance Studio established for 20 years, along with a residential unit, having had the same tenant for 20 years. The addition of mobile phone towers on site with rent paid annually in advance, makes this a blue chip investment with a net return in the order of 9%.
Under cover parking along with a council car park adjacent to the rear of the building enhance this very desirable location.
For your opportunity to view this fantastic property please contact Rob Havasi on 0413 263655 or email email@example.com to arrange your private inspection.
1,165m² / 0.29 acres