For Sale

17 Watsonia Road, WATSONIA 3087

  • Building Area 315 m²
  • Sale Price Contact Agent

SECURELY LEASED TO GOVERNMENT TENANT

Auction

Auction Date: 31 Oct 2019 @ 12:00 PM
Auction Location: Auction Thursday 31 October at 12:00pm on-site

Highlights

  • PRIME RETAIL STRIP LOCATION
  • SECURELY LEASED TO GOVERNMENT TENANT
  • FANTASTIC FUTURE POTENTIAL

Description



* Land area: 296 sqm*
* Building area: 315 sqm*
* Street frontage: 9.14 metres* to Watsonia Road
* Income: $113,700 pa* (as at 7 November 2019)
* 5 year lease to Government tenant (commencing November 2018)
* 2 further terms of 2 years each
* 3% annual increases, market at option
*Located in a busy suburban retail strip opposite Watsonia train station
* Public car parking at rear

FOR IMMEDIATE INSPECTION CALL US TODAY!

*approx.

Tenure

Tenanted Investment

GST

All prices quoted are exclusive of GST.

Building Area 315 m² Land Area 296 m²

Documents

Agents

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