Main Road Commercial Property Has Hit The Market As A Passive Investment

This excellent office/retail space comprises air-conditioning, recently partitioned offices (by the tenant), disability access, entry via three doors if required, reception, an open plan area including a kitchenette and a common area car park.

The quality tenant ‘Tammy Lobarto Hair Replacement Services’ has already renewed their further lease term that provides three more years from 19/5/24, returning $48,300pa net.

This approximately 138m² space is located in a group of commercial buildings on the corner of the Princes Highway and Webb Street with great exposure.

It is also surrounded by Fountain Gate, Berwick Business Park and the Webb Street retail/business precinct, which abuts the Railway Station. Hence, it is considered a perfect location for business.

Realistically priced, the property boasts a return above 5.4% (from May 24) for the astute investor.

Enquire at www.faceyproperty.com.au to make your next move.