This is what every smart investor is looking for – a solid commercial property with loads of potential and options.
Currently operating as a hair salon, this retail gem on the corner of Haig Road has street presence and exposure by the bucket load.
The existing building is in great condition and offers 160m² of retail or office space, which could easily be divided into two tenancies. You might want to set up your business in one and lease out the other. There’s loads of off-street parking for everyone’s customers too.
Of course, with a total land package of 398m² zoned Special Purposes, the showroom could be demolished, allowing the smart investor to further capitalise on this great location.
Leased until 30 September 2009 at a monthly rental of $2,820.95 + GST, the current tenancy offers the astute buyer the financial security to figure out the next move, which might even be just to renegotiate the lease and sit pretty, watching your investment bloom.
There is no denying that this prime inner city location will be in high demand, so whatever you do, don’t make your first move too late.