Modern shop freehold located in sought after Esplanade position. Amongst the central business district opposite the front lake approximately 150 metres from Post Office providing fantastic exposure to a large volume of passing trade. The premises are zoned commercial 1 and offers many retail uses and opportunities to the investor. Currently leased to a strong tenant offering an approx 6.5% return on your investment with an initial 6 year lease commencing January 2017 followed by 2 x 5 year options and annual % increases.

$515,000 ex GST