Boutique Corner Investment

Sale Details

Sold on 07 Mar 2019

Description

CVA Property Consultants are pleased to offer this ground floor corner retail investment located at 41 Albion Street, Essendon for private sale.

Set amongst a thriving local shopping strip, this brand new retail space of 40m2* is leased to Boutiqie Estate Agents and features a welcoming reception/waiting area, open plan offices, kitchenette, staff amenities and finished with polished concrete flooring throughout.

The light filled property further benefits from dual street frontage to Albion and Tennyson Streets and offers an additional 36m2* of area fronting Albion street as part of title. Neighboring businesses include Rose Milk Food Store & Cafe, hair salon, architect and local milk bar.

Investment Summary:
Tenant: Sophie's Estate Pty Ltd T/A Boutique Estate Agents
Current Rental: $19,500.00 per annum net plus GST
Commencement Date: 1st September 2018
Lease Term: Six (6) + Six (6) years
Rental Reviews: 4% Annually

Open for Inspection:
Wednesday 11:15am-12:00pm

For further information please contact CVA Property Consultants.

*Approx
Pricing excludes GST.