Here is a great opportunity to purchase an affordable freehold in the most sought after section of Raymond Street, where you have access to thousands of passing customers every day, while other high quality tenants like Spotlight and The Telstra shop are nearby and add to this A1 location.
The shop is currently returning an annual rental of $21,226 P.A. plus GST, but the tenant is vacating in early 2019, allowing you the option of occupying the shop yourself or continuing to use as a high yielding investment property.
The land size is approx. 230m2 with the building approx. 120m2 with great retail space, store room, staff area and amenities. The shop has the added bonus of laneway access to the rear of the property. Recent improvements to the street and footpath areas have further enhanced the value of this prominent freehold.