19 Glen Eira Road Ripponlea, VIC 3185
20 Apr 2018
PRIME RIPPONLEA FREEHOLD
- Ideal SMSF Investment
- 3 + 3 + 3 Year Lease
- Rental Income: $35,000 pa (approx)
• Current Rental Income: $35,000 per annum*
• New lease commencing: 26/04/2018
• Rental Increases: Fixed 4% annually
• Building Area: 108 sqm (approx)
• Zoning: Commercial 1
• Ripponlea Train Station at your doorstep
• Flexible ground and first floor office/retail space
Beller Commercial is pleased to offer for sale this affordable investment opportunity located in the heart of Ripponlea. Fully leased to a long-term tenant with an excellent secure rental return, providing a budget buy and an ideal SMSF investment.
The commercial property, a double storey freehold, is well positioned in the highly sought after suburb of Ripponlea, surrounded by well-known brands like IGA X-press, Ripponlea Food & Wine and one of the world’s top 50 restaurants, Attica.
It is the first time this property has been offered for sale in 20 years and an opportunity not to be missed.
Property ID: 502761522Last Updated: 26 Jun 2018