RETAIL INVESTMENT—SELDOM AVAILABLE—SOUND TENANT IN PLACE
Land Area: 1118 m2
Floor Area: Ground Floor: 420 m2 (more or less) plus upstairs additional.
NBS: Assessed at 34% of current National Building Standard after completion of strengthening.
Zoning: Commercial 1
Parking: Access from Vine St (S.H.1) at rear of premises. Multi car parking.
Current Lease: Rental: $47,454 pa + GST + outgoings. Term: Final expiry 31 January 2026 if r.o.r. exercised
Rates: $4,644.62 (2017-2018)
R.V. Capital Value (as at 1/9/17): $530,000
$499,000 plus GST (if any) (9.5% return approx).