11/78-92 Nepean Street,
Watsonia, VIC 3087

With secure retail investments becoming harder and harder to come across and the returns starting to drop below 4% then this property should certainly be a must see. The property is approximately 108sqm and has been trading as a Thai restaurant for some time with the current 5 year lease commencing the 16th November, 2015 with 3 further Terms of 3 years each and annual 4% increases. The current rent is $34,073 per annum excluding GST, with the tenant paying all usual outgoings.