-An existing Shopping Centre consisting of 10 shops, plus 2 residential units, all shops are fully equipped by the owner, some of the shops are, hairdresser shop, pizza shop, take away shop, dental surgery, medical Centre, Liquor shop, plus Food work supermarket, all fully equipped, total costs of equipment over $530,000, land area for this shopping Centre is 1800 m2,
plus we are selling the 2 adjoining properties, land area is 2799 m2 has an existing DA & CC approval for an extension on the shopping center, further 7 shops, 2 x 3 bedroom units, plus 1 Petrol station plus car wash, Plus Mechanic shop, plus 2 x 3 bedroom units, in total we are selling 17 shops, plus 6 units, plus petrol station with Café, Car Wash, & Mechanic shop, on the 2 parcel of ;land, slab already been laid, total land area is 4660 m2, Potential to get extra 4 units under section 96 STCA, the 3 sites and make 1 large shopping Centre, the adjoining Approved site is vacant land at the moment, Food works has Just signed new 15 years lease they have leases on 4 shops, they will commit themselves to take most of the new 7 shops, creating a larger Supermarket liquor shop, plus the Take away shop has just signed new 6 year lease, The site ready to build, great development Opportunity, ,
wide street frontage, valuation of the 3 sites $ 6.6 Million, has parking area, long leases , current rental return $230,416 Per Year for 1520 only, potential rental on completion of the construction of the center, will be over between $660,000 to $680,000 per year,
tremendous Growth in the area, this shopping Centre is the major shopping Centre catering for surrounding suburbs, plus potential 1000 new homes are being built in the area, wide frontages 45 meters, Located in excellent & Exposed location , Close to schools, Parks, 25 minutes away from the new airport. That will be completed by 2026
Strong Yield, Potential to expand, Growing residential Area,
Top investments, favorable terms, buy now and save, Close to all shops, railway, cafes, transport, parks, schools, motorways outdoor open space, Prime location, well presented, all conveniences available, total building for sale
Price; $6.6 Million for the 3 sites, willing vendors