This blue chip retail investment opportunity is an ideal choice for a SMSF or to add to an investment property portfolio. The tenant, CRUST Pizza, is part of a national franchise group operating a takeaway pizza’s service. The large shop is part of a mixed commercial residential modern development and situated in the heart of the well known Sans Souci “Foodie” restaurant strip.
The very attractive lease will underpin the property as a sound and reliable investment for years to come.
Core information as follows:
* Lease Term 5 years commencing 2016
* Option period 5 years
* Approx Size of Shop 54m2
* Registered Car Space 39m2
Current Annual Rent: $31,656.96 (net of GST)
Rent Payments: Monthly (i advance)
Annual Rent Review: 4%
Executive summary available on request.