Perfect for first-time commercial investors!
An exceptional opportunity to secure a low-maintenance commercial freehold in a thriving residential strip shopping centre. Surrounded by long-established local businesses and constant traffic, this property delivers reliability, affordability and excellent long-term potential.
Investment Highlights:
• Tenant: Long-established hairdresser (proven operator)
• New Lease: 3-year lease to October 2028
• Options: Two further 3-year options to July 2031
• Rental Income: $11,440 per annum
• Land Area: 97m² (approx.)
• Building Area: 50m² (approx.)
• Zoning: Commercial 1 Zone
• Parking: Convenient customer parking onsite
• Location: In a busy community hub adjacent to the general store, post office, and an award-winning fish & chip shop
With its strong tenant, secure lease structure and strategic position in a bustling local centre, this is an ideal entry-level commercial investment or a smart addition to any growing property portfolio.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist, or call us on (03) 5144 4333