Grandstand Real Estate is pleased to present this great opportunity…
1569 Ferntree Gully Rd, Knoxfield VIC 3180, Australia
Located in a central location of Knoxfield with shopping strip includes IGA, Knoxfield Pharmacy, Knoxfield Bakery, this retail shop is an ideal investment if you are looking for a secured and immediate rental income with development potential for second storey (STCA).
The shop comes with fixed term lease since 2017 until 2022, with an option 4 further terms of 5 years. The current annual rental return is $37,575.84 (including GST) with rent increasing by 4% annually.
Don’t miss this rare opportunity, contact Conan at 0433 900 003 for more information or to arrange an inspection.