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Retail in Oak Park
TASTY INVESTMENT IN TIGHTLY HELD SHOPPING STRIP
- Building: 50m²
- Land: 188m²
Additional Information:
Floorplan- Shop size 50sqm
- Land size 188sqm
- Commercial 1 Zoning
- 100 metres to Oak Park train station
- Rear off-street parking for 4 car cars
- Leased to well-established pizza/pasta business
- Returning $16,974.36 per annum net
- The tenant pays all outgoings
- Lease terms: 2 years and 6 months from 11.2.2021 with 2 further options of 3 years and 2 years
- Fixed 3 percent annual increases
- Excellent future mixed-use development potential
- Evolving gentrifying suburb only 11km's from the Melbourne CBD
- Ideal for the Self Managed Super Fund or to kick start your commercial investment portfolio
Building:
50m²
Land:
188m² / 0.05 acres
Zone:
Commercial 1
Tenancy:
Tenanted
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