Secure Retail Investment In Heart of Mount Waverley Village!
Description
AUCTION Thursday 26th March 2015 at 1pm on-site
Great opportunity for an astute investor to secure a highly sought after investment in the Mount Waverley Shopping Village.
A hairdressing salon has been trading in the building for 30 years!
Features:
+ Current return of $61,000 pa net
+ Annual increases of 4% during each lease term
+ 4 year lease from February 2015 plus 2 further options of 4 years
+ 4 months rent as security plus a personal guarantee
+ Front and rear access
+ Central location right in the heart of the thriving Mount Waverley Village Shopping Centre
Great opportunity for an astute investor to secure a highly sought after investment in the Mount Waverley Shopping Village.
A hairdressing salon has been trading in the building for 30 years!
Features:
+ Current return of $61,000 pa net
+ Annual increases of 4% during each lease term
+ 4 year lease from February 2015 plus 2 further options of 4 years
+ 4 months rent as security plus a personal guarantee
+ Front and rear access
+ Central location right in the heart of the thriving Mount Waverley Village Shopping Centre