Inspect by appointment
Retail shop situated within a mixed use retail, commercial development in the heart of Maroubra Junction on the eastern side of the street.
The property is 77m2 in size and has 2 undercover security car spaces and enjoys the benefit of high pedestrian and vehicular traffic.
This investment offers a great opportunity to purchase a superb long term holding for the private investor or super fund.
Currently leased until February 2021 to an excellent tenant Orthotic Solutions Podiatry Pty Ltd who has been in occupation since 2016.
Current rental: $62,655.90 (+GST) per annum
Annual increase: 5%
Lease dates: 1/03/2017 - 28/02/2021
SIZE: Shop: 77m2
Council Rates $354.80 per quarter
Water Rates $187.35 per quarter
Strata Levies $1,784.95 per quarter
For more details, please email agent