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1/177 High Street Thomastown, VIC 3074

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1/177 High Street,
Thomastown, VIC 3074

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PRIME COMMERCIAL INVESTMENT OPPORTUNITY.

SHOP AND OFFICE WITH 2 TITLES TO BE SOLD AS ONE.
COMBINED NET ANNUAL INCOME OF $63,407 PER ANNUM.

- Tenants pay all outgoings.
- Solid building of 220m2 approx over 2 levels with ample on site rear parking.
- Excellent future potential to further develop (STCA)

Ground floor tenancy (Nowicki Carbone Lawyers) returning $31,500 per annum net.
- Lease terms: 3 + 3 + 3 years from 1.1.2011.
- Fixed 5% annual increases.
- Tenant pays all outgoings.

First floor tenancy (Trifon Accounting Services) returning $31,907 per annum net.
- Occupied by the same accountancy business for the last 20 years.
- Lease terms: 10 + 10 + 10 years from 1.7.2006.
- Fixed 5% annual increases.
- Tenant pays all outgoings.

Contact John Kalpakis 0412 500 250

Additional information

Property ID: 500161136Last Updated: 13 Dec 2013

03 9460 62...
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1/177 High Street
Thomastown, VIC 3074
Love & Co - Commerical
Level 1, 2 Ralph Street
RESERVOIR, VIC 3073

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