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24 Pinnaroo Avenue Clifton Springs, VIC 3222

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24 Pinnaroo Avenue,
Clifton Springs, VIC 3222

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Affordable Commercial Investment In Growing Community

  • SECURE TENANT
  • FURTHER 10 YEARS IN OPTIONS
Great opportunity to secure an affordable retail investment in the ever popular Clifton Springs. This laundromat has a lease until September 2022 with a further 5 x 2 year options and is a sit and forget investment.

* Secured tenant with lease until 21st September 2022
* Current tenant has been operating for almost three years
* Further 5 x 2 year terms
* Current rent $18,200 per annum plus GST plus outgoings
* Rent increases of market review at commencement of new terms and 3% increases annually
* Building area: 110m2 approx
* Land area: 204m2 approx
* Commercial 1 zone

Property ID: 503818070Last Updated: 24 Aug 2021

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24 Pinnaroo Avenue
Clifton Springs, VIC 3222
West End Real Estate - Geelong West
73 Pakington Street
GEELONG WEST, VIC 3218

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