This quality leasehold commercial site is on the busy corner of State Highway 1 Crawford St, Police St, and Vogel St.
Has three tenancies being Repco, Gallaway Cook Allan, and Let's Go Fitness.
Zoned CBD Edge Commercial South which provides flexibility in terms of future use.
Rated at approx 70% NBS from a recent IEP report.
New 21 Year perpetually renewable ground lease recently set for the next 7 years.
Generating approx $175,209 per year net (after all outgoings and ground rent) plus GST, this property is a strategic investment with great fundamentals including:
- approx 23 carparks
- Excellent natural light
- Respectable NBS rating
- Well-known tenants
For sale by negotiation. Please contact the sole agents for more details including an information pack or to arrange viewing.