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6/2 Stadium Circuit Mulgrave, VIC 3170

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6/2 Stadium Circuit,
Mulgrave, VIC 3170

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Dual Income Investment

Prominently positioned within the iconic Waverley Park football stadium located within the bustling Waverley Park estate this ideal investment is the perfect property for any astute investor due to the unique dual leases.

Total combined passing rent: $61,384 consisting of

Retail Hairdresser/Barber Lease
• Shop Rental: $40,000 as of January 2016
• Term: 5 years commencing January 2016
• Options: 5 further 5 year options
• Reviews: Yearly 4% increases with market reviews at options

Telstra Telecommunications Lease
• Telstra Rental: $21,384 as of March 2016
• Term: 15 years commencing September 2009
• Options: Two further option of 5 years
• Reviews: Yearly 3% increases

Property details:
• Building area: 127m2 approx
• 2 car space on title
• Zoning: Comprehensive Development Zone 1 (CDZ1)

With such a rare opportunity for any investor please contact Ryan Trickey 0400 380 4... or Ben Ainsworth 0412 534 028 for all additional information, Information Memorandums and Contracts.

Property ID: 502151686Last Updated: 19 Jan 2017

04003804...
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6/2 Stadium Circuit
Mulgrave, VIC 3170
RWC - Glen Waverley
169 Coleman Parade
GLEN WAVERLEY, VIC 3150

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