A big 10% return offered on completely renovated inner city stratum title retail investment property. Vendor prepared to lease back total area on a 5 year term plus 5 year option commencing at $27,000.00 per year plus GST, plus rates and land tax.
Currently one title, the vendor is in the midst of further subdivision of the site to two titles thus enhancing, flexibility and value in the future. The Burnie CBD remains attractive to investors and tenants alike and is showing remarkable resilience given current market conditions.