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90 Douglas Parade Williamstown, VIC 3016

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90 Douglas Parade,
Williamstown, VIC 3016

Shops & Retail

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A Cut Above The Rest Prime Investment

  • New 5 Year Lease
  • Shop and 3 Bedroom Dwelling
  • Multiple Leases
-Land Area 231sqm with two street frontages (Douglas Parade and Goss Terrace Frontages)
-Well-appointed shop leased to established Hair salon and separate rear 3 bedroom dwelling Known as 27 Goss Terrace
- Two separate Leases :
Shop: New 5 year lease to Maestro hair salon- Well known and established business
Current rent $49,605.60 plus gst and outgoings
Term 5 years commencing 1 July 2015 + plus options
Rent Reviews Note 5% pa
Residential - 3 bedroom, 2 car dwelling
Current $29724 pa
Total combined rent $79329.60 per plus gst and outgoings
-Excellent combination of retail and residential uses in thriving Williamstown
-Future subdivision and further development upside

Property ID: 501747318Last Updated: 14 Feb 2017

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90 Douglas Parade
Williamstown, VIC 3016
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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