WINNING INVESTMENT IN PRIME BELGRAVE LOCATION
An exciting opportunity exists here to buy the best investment in town! Currently the property has two tenants, one being a long established hairdresser and the other conducting beauty therapy/massage. The current tenant (Hairdresser) has a 3 year lease in operation with a further 3 x 3 year options available and is currently paying $14,000 per annum (excluding GST) plus outgoings. The beauty therapist tenant is currently in operation on a 2 year lease with a further 2 x 2 and is currently paying $18,000 per annum (Excluding GST) plus outgoings. To put it simply this is a top quality investment!! Situated on the busy Burwood Highway this commercial site has plenty of passing foot traffic being next door to Woolworths and other thriving Belgrave businesses. Investment properties in this price range very rarely come onto the market and with the standard of shops improving in Belgrave, this is sure to be a winning investment to add to your portfolio. There is also ample parking for both tenants. This is a terrific investment where the numbers simply stack up. With a high rental demand, shops in Belgrave are never vacant for long. Be sure to book your inspection today as shops in Belgrave really dont last long!!
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.