A wonderful opportunity exists to purchase a freehold building with excellent returns.
The Bakery, Retail and upstairs unit have all been renovated, and long term leases are all in place.
What's on Offer:
THE FREEHOLD - $375,000
The Freehold Premises consists of:
• The Bakery space - A new 3 year lease with a further 3 + 3 year option. Current Rent - $250 per week. The tenant pays for water, gas and electricity which is all separately metered.
• The Retail space/Shop front - A new 3 year lease with a further 3 + 3 year option. Current Rent - $250 per week. The Tenant also pays for water, gas and electricity which is separately metered.
• Above the retail space’s is a 2 Bedroom Residential unit – There is a new 6 month lease in place. Current Rent - $220 per week. With the Tenant paying for water, gas and electricity which is also separately metered.
Contact - Paul Tutt today to express your interest.
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