86 Kingsway,
Glen Waverley, VIC 3150

This property is in the absolute middle of the commercial activity centre in Glen Waverley. A publicly renowned ‘retail trading hot spot'.
The food and entertainment precinct is backed by public transport, road access and all patrons are spoilt for choice.
Traders enjoy long opening hours and very strong customer flow while landlords enjoy stable investment environment and reliability.
This tightly held Commercial 1 Zone retail shop has all the future potential an astute investor could look for in their next investment decision.
Features include:

• 5 Year lease commencing Feb 2015 with options
• Rent: $120,489 per annum (as at Feb 2019)
• Tenant pays GST and Outgoings
• Yearly 3.5% rent increases
• Land 185m2 (approx.)
• Building 182m2 (approx.) retail shop
• Commercial 1 zone
• Rear laneway access
• Business operating as usual

The tenant is one of the best operators on Kingsway and enjoys a successful business arrangement with both 86 Kingsway and 88 Kingsway (Piatella adjoining the subject property).

For further information please contact either Ryan Trickey 0400 380 4... or Ben Ainsworth 0412 534 028.