This Commercial Retail shop is situated in central Ararat CBD and would make an affordable rental investment or opportunity to secure freehold premises to operate your business.
A solid brick building around 75 square metres on a title of around 85 square metres of land. This building is located in a great central CBD location right at the pedestrian crossing which is deemed as the heart of Ararat's busy retail shopping strip. A good size retail shop with split system air conditioning , kitchenette/office, storage & toilet facilities. Currently rented to a good tenant at $7,000 p.a. commencing from 1st September 2008 with increases to $8,000pa Year 2 and $9,000pa year 3. An affordable entry level price with good returns and increases for guaranteed Capital Growth. Don't miss this chance to invest.