Located in the heart of Kialla Lakes is this 129 sqm (approx.) modern premise and is an ideal opportunity to start off or add to your existing portfolio. Currently leased until January 2025 plus two further options of 5 years, the property offers excellent street appeal with dual entrances, excellent exposure looking over the park land, and plenty of free parking. The premise is located in a great family estate amongst four other long term businesses, and the complex is situated adjacent to Tristar Medical Centre and Shepparton Retirement Village.
Rent: $17,520 per annum.
Increases: CPI increases annually and market review at the end of each term.
Outgoings: Tenant pays all outgoings.
Lease: 5 year 1st term until January 2025, plus two further options of 5 years.
Net Return: 6%