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Beecroft 5B Hannah Street

Retail investment in blue chip location


Located in the heart of Beecroft Village this street front retail shop is an ideal investment opportunity offering a strong return with a seasoned tenant on a long lease.

In a unique village setting, this property also offers good growth potential in a tightly-held blue chip locale.

* 45sqm retail shop with 6m wide main street frontage plus parking

* Basement security car space plus single car stacker (total property area 74sqm)

* Fantastic location with regular pedestrian traffic

* Strong existing retailer located next to hairdresser, bakery and beautician

* Trading since 2004 as a ladies fashion store

* New 5 + 5 + 5 year lease with annual CPI increases

* Substantial security held against lease

* Offering strong rental return of approx 7% NET per annum

* Zoned Business A (General) suitable for retail, office and food uses

* Ideal entry level retail investment

* Excellent growth potential in blue chip locale.

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.


KEY INFORMATION

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Property ID: 143
Retail: 74 sqm Approx.
Total Area: 74 sqm Approx.
Sale Price: $495,000 (no GST)

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