Located in the Centreway Arcade in the heart of Bendigo’s thriving CBD, this property presents the perfect opportunity for the first time buyer to gain a foothold in the investment market,
or for the experienced investor to add to their property portfolio.
The property is currently let to an excellent tenant, retailing ladies fashion and associated accessories. The proprietor has an excellent trading history and with a good loyal following of clientle.
The current one year lease commenced on 17/4/2011 and has two further options available, each of two years. Rental is $10,400-00 PA plus GST and Outgoings, showing an excellent return of 7.7% on the asking price.
The freehold is approximately 40M2 with a Business One Zoning.Take this opportunity to purchase a freehold property rarely available in such a fantastic location and with a fantastic tenant.