Other... for sale

122 West Street,

Glenroy, VIC

2 1 0

Invest in Your Future

An outstanding opportunity for the Astute Investor exists in this magnificent property. Situated in the busiest shopping strip in the North, with 3x sound tenants and long leases remaining: Current return is $66,123.21 (inc GST)p.a. combined.
Existing tenants are:
1. Post office $27,942.93 (inc GST)p.a with further option of 5 years with CPI increases annually.
2. Vodafone $25,400.28(inc GST) with another 8 years remaining of a 20 year lease with 4% increase annually.
3. 2 bedroom apartment upstairs with separate rear entrance. $12,780p.a.
Zoning: Commercial 1
Land: 204m2 with R.O.W at rear.
Great opportunity, great property, great investment.
Last updated: 07:43PM on Aug 30th 2017
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Raine & Horne Glenroy

813 Pascoe Vale Road
Glenroy VIC, 3046
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122 West Street