143 8-34 Gladstone Park Dr, Gladstone Park, VIC 3043
Retail Shop
Popular Shopping Destination
Good Investment
High profile shop in the bustling Gladstone Park shopping centre has recently come onto the market.
The established tenant has operated a successful Hair and Beauty salon for some time with the tenant recently signed a 6 (six) year lease (2022) with a further option of two, six-year terms available.
Currently, the annual return is $24,077.30 with 3% increases scheduled on review each year. The tenant is responsible for payment or reimbursement of all shop outgoings including adequate insurance cover as specified in the lease agreement. An ideal investment for your property portfolio or Super Fund as Gladstone Park is a popular shopping destination with a variety of retail outlets, fast food vendors and other shops catering for the many needs of local families ensuring a high daily level of daily foot traffic
Main Features:
Good tenant on 6 year lease with the option of 2 further 6 year terms
Current return $24,077.30pa with 3% annual review increases
Tenant responsible for all outgoings as per lease
Shop Floor area approximately 79m2
Four Anchor shops:
Woolworths Aldi
Commonwealth Bank Big Fields Fresh Market
Property: | Retail Shop |
Total Building Area: | 79m² |
Open for Inspection Times:
Recent Sales in the Suburb of Gladstone Park
Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.