Hockingstuart Commercial are pleased to present to the market this rare opportunity to acquire a securely leased freehold property in the heart of Sandringham shopping village.
Key features are:
- Brand new 5 + 3 year lease (commenced March 2016)
- Leased to a long term established business
- Rent: $25,000 per annum plus GST plus Outgoings
- Fixed annual increases to CPI
- High quality fit out
- Future potential to develop (STCA)
- Commercial 1 Zoning
- Includes full staff amenities, AC, alarm system and excellent frontage to Station Street
- Suit the astute investor with scope to add value in the future
- Blue chip shopping village
Located in the very tightly held and most sought after Sandringham shopping village. 100m from the beach, opposite Sandringham train station, surrounded by major brand retailers such as Coles, NAB, Flight Centre plus many more & abuts BWS. Sandringham is considered one of Melbourne's most prestigious suburbs.
Inspections strictly by appointment unless advertised.
***Auction Thursday 14th April 2016 at 12pm - Auction to be conducted at the offices of hockingstuart commercial 187 Moray Street, South Melbourne ***
Terms: 10% deposit, balance due 30/60/90 days.