An opportunity for the investor to step into the heart of Moonee Ponds presents itself with this ideal retail premises.
6% RETURN

Located within a high development area with many high rise towers being built or currently in the planning stage.
Moonee Valley Council has just approved 1000 dwellings next door to this premises at the former Moonee Ponds Market Site.
A high foot traffic area which will ensure your tenant prospers and makes this a great long term investment.

Net annual rent $39,000 plus GST
Tenant pays all outgoings
Lease in place until January 2019

-85sqm in size (approx.)
-Private Kitchen and Bathroom
-Market review at commencement of each new term
-Quality light fittings/floor coverings/air-conditioned
-Rental review to CPI annually

This property offers secure leasehold with proven long term tenants.
Please contact Agent for private inspections.