Located in the heart of the ever growing Moonee Ponds district this shop offers strong capital & rental growth. Across the road from Moonee Ponds central & next door to the proposed readings cinema. A great deal of new residential apartment buildings are being built all around this site.
- 90sqm,
- Currently Rents at $2,685.35 (plus GST) per month. $32,220 (plus GST) pa
- 4 year lease that commenced December 2010.
- 1 x 4 year option (date to exercise option is 1st June 2014)
- Annual 3.5% increase
- Excellent long term tenant. (been there since December 2002).
- Tenant pays all outgoings
- Air conditioned, own kitchen and WC