Property ID : 133764
For Sale Expressions of Interest - Closing 27th August - Retail
YOU are viewing an A Grade neighbourhood, prime corner investment at the geographic heart of Rosalie. The property boasts fantastic frontage to both Baroona Road and Nash Street, rear access and generous undercover car parking.
This free-standing mixed use fully let asset is comprised of 6 tenancies (2 office and 4 retail spaces). The retail tenancies include iconic operators Baskin and Robbins, 5 Boroughs and Meat at Billys. The retailers benefits from over 235sqm of licensed areas that make up a vast exclusive alfresco dining area. The 737sqm fully let asset is spread over 2 levels.
The cleverly activated site is 1090sqm in land size.
The total net return of this fully leased asset is $453,904.00 PA (approx) + GST, with a WALE of 4.98 years provides years of certainty and comfort.
To access a detailed Information Memorandum, please contact Exclusive agents Jeremy Conybeare or Huw Feeney.