Long Vendor finance terms available to obtain all 4 shops or one or more of these outstanding solid investments
Shop 8 is 125sqm & Shop 9 is 114sqm with 8 carparks. These properties have a 3 x 3 x 3 lease which is reviewed annually with an increase of 3% due for renewal August 2012 – combined annual rent $104K with outgoings of $9K – buying individually for $700K each or both for $1.4M
SHOP 10 is 179sm2 with 8 car parks with a NETT return of $70K – this shop can split into two shops and currently rented to same tenant with new lease started July 2010 on a 3 x 3 x 3 & asking price of $500K each or $1M for the whole shop lot.