With a prime position in the heart of the busy Balwyn Shopping Centre, and a long-term tenant currently in place, this commercial property offers an incredible investment opportunity in a highly desired area. Located across the road from the iconic Colombo's Pizza House and close to banks, Woolworth's and bus and tram stops, there is a high volume of foot traffic attracted to the vicinity, as well as plenty of local parking available nearby. The existing long-term tenant runs a successful hair salon business and commenced a new 3 year lease term on 1st June 2014, with a rental amount of $57,000 per annum plus GST and outgoings paid for by the tenant. There are currently no further options on the lease, so the property is full of future possibilities. Sitting on approximately 90m2, the existing establishment features wide street frontage with a large and bright retail area, as well as an office, kitchen/staff room, storage room, WC, rear access and a reserved off-street parking space that is accessed via Balwyn Road.
Further details please contact Vicki Giavris 0414 292 966 or Kenny Oliver 0409 144 188