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83 O'Shanassy Street Sunbury, VIC 3429

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83 O'Shanassy Street,
Sunbury, VIC 3429

Shops & Retail

Price information

Sold

$1,020,000

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 83 O'Shanassy Street

Directions

SOLID RETAIL INVESTMENT

For those looking for a solid passive income investment this is now your opportunity. Situated in one of our major retail streets in the heart of the Township.

Long term established business operating a licensed health food store, café and Organic grocer. Quality fitout and excellent presentation featuring serving area, customer seating, offices, customer and staff toilets, storeroom and access via rear lane way for two rear car parks with carport. ( 198sqm approx. shop size)

Terms of Lease
- 5 years ( commenced 11th November 2021)
- $42,000 annual payment plus GST and outgoings payable by Tenant
- 3% fixed yearly increases with market review at end of each term
- 2 further terms of 5 years each

Surrounded by other quality local and National retailers. Other factors to consider is the huge demand for retail space in a booming growth area with population planned to double in the next 10-15 years
To be sold at Auction, 10% payable with flexible settlement period. More information available upon request.

Additional information

Property ID: 504040607Last Updated: 29 Jun 2022

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83 O'Shanassy Street
Sunbury, VIC 3429

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