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Retail

2/638 High Street Thornbury, VIC 3071

Sold on 18 Nov 2024
  • Building: 85m²
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Retail in Thornbury

YOU'VE WON THE LOTTO WITH THIS INVESTMENT OPPORTUNITY - RENEWED 7 YEAR LEASE TERM

  • Building: 85m²
  • Securely leased retail investment opportunity in the boutique Hive commercial/residential development
  • Leased to the very well established Normanby News and Lotto Agency
  • Renewed 7 year lease with 2 further options of 7 years to commence 1.11.2024
  • Commencing rental of $44,275.55 per annum net plus GST from 1.11.2024.
  • The tenant pays all the outgoings
  • Fixed 3 percent annual increases
  • On-site undercover car space
  • Tax Depreciation benefits

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.

Building:

85m²

Zone:

Commercial One

Tenancy:

Tenanted

2/638 High Street, Thornbury, VIC 3071