2/638 High Street,
Thornbury, VIC 3071

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Car spaces

Parking info

Zoning

Municipality

Tenure type

Sold on

Map of 2/638 High Street

Directions

YOU'VE WON THE LOTTO WITH THIS INVESTMENT OPPORTUNITY - RENEWED 7 YEAR LEASE TERM

NEW 7 YEAR LEASE - CIRCA 5 PERCENT YIELD
WELL ESTABLISHED LOTTO/AGENCY BUSINESS
TAX DEPRECIATION BENEFITS

- Securely leased retail investment opportunity in the boutique Hive commercial/residential development
- Leased to the very well established Normanby News and Lotto Agency
- Renewed 7 year lease with 2 further options of 7 years to commence 1.11.2024
- Commencing rental of $44,275.55 per annum net plus GST from 1.11.2024.
- The tenant pays all the outgoings
- Fixed 3 percent annual increases
- On-site undercover car space
- Tax Depreciation benefits

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 2...
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 7...
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.