Inspect by appointment br br

Retail shop situated within a mixed use retail, commercial development in the heart of Maroubra Junction on the eastern side of the street. br

The property is 77m2 in size and has 2 undercover security car spaces and enjoys the benefit of high pedestrian and vehicular traffic. br

This investment offers a great opportunity to purchase a superb long term holding for the private investor or super fund. br

Currently leased until February 2021 to an excellent tenant Orthotic Solutions Podiatry Pty Ltd who has been in occupation since 2016. br

Agent Interest brbr

Current rental: $62,655.90 (+GST) per annum br

Annual increase: 5% br

Lease dates: 1/03/2017 – 28/02/2021 brbr

SIZE: Shop: 77m2 br

Parking: 40m2 br

TOTAL: 117m2 brbr

APPROXIMATE OUTGOINGS: br

Council Rates $354.80 per quarter br

Water Rates $187.35 per quarter br

Strata Levies $1,784.95 per quarter br