This prominent commercial property is situated on a high visibility corner site in a thriving business area.
Spread over the full width of the city block it is accessible from three different streets, with generous on-site carparking. Tenants include Repco, Gallaway Cook Allan, and Let's Go Fitness.
Zoning is CBD Edge Commercial South allowing a wide range of approved uses possible for this site. The building appears structurally sound and has been recently rated at 70% NBS.
Generating approx $175,209 per year net (after all outgoings and ground rent) plus GST, this property is a strategic leasehold investment with some outstanding features including:
- approx 23 carparks
- Excellent natural light
- Respectable NBS rating
- Well-known tenants
- Superior visibility & profile
For sale by negotiation. After many years ownership the Vendor is keen to sell and will consider any offers. Please contact the sole agents for more details including an information pack or to arrange viewing.