AUCTION THURSDAY 16TH JUNE AT 12 NOON ON SITE

Nichols Crowder is pleased to present to the market an affordable investment property, in an impressive location, with a long term secure health and beauty tenant.

The health and beauty industry has prospered since the end of the pandemic and people are again able to spend the time and money to look after their presentation for business and pleasure. Long term tenant Amazing Nails, has remained strong throughout the entire pandemic, never missing a rental payment.

The long term benefits for this prominent retail shop, apart from being an affordable investment, is the future upside of being Activity Centre Zone 3. Sitting in a great central location, surrounded by public transport and main arterials, makes for an all round polished investment.

Key features include:

* Long-term tenant: Amazing Nails
* Net income: $25,002.12 p.a. + Outgoings & GST
* Six (6) year lease, expiring 19/02/2026
* Fully fitted nail salon: 81sqm*
* Prominently located and well presented
* Situated in between South Road and Nepean Highway
* Located across from Moorabbin train station & bus interchange
* Surrounded by many national tenants and great food/beverage offerings
* Sitting along side new residential development, The Sebel and surrounded by high density residential, this is a busy location.

OPEN FOR INSPECTION PRIOR TO AUCTION on Thursday 16TH June at 11.30am, followed by the Auction at 12noon.

For further details contact:

Andrew Pannam 0433 518 555

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Protocols. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorized use is strictly prohibited.