Vision Real Estate has the pleasure in offering this magnificent property with a long standing commercial tenant that has recently renewed its lease until the 30th September 2024.
Invest now and develop later in the rapidly growing Lygon St precinct.
*Land area- 219 sqm approx
*Extra Wide Single Fronted Building
*To Be Sold With Two Tenancies:
Tenant 1- retail cafe with a lease until September 2024, returning $40,169
pa, net, plus GST
Tenant 2- Residential tenant in 1 bedroom apartment since 2007 returning
Total annual income stream- $55,851 plus GST
For further information on this excellent investment opportunity please contact Frank Romeo on 0405 703 470.
For more details, please email agent