Hockingstuart commercial are pleased to present to the market this rare opportunity to acquire a securely leased ground floor retail shop plus stunning state of the art one bedroom apartment with separate access.
Key features are:
* Ground floor retail shop securely leased
* Includes 1st floor luxury residence with easy separate access
* Total rent income: $48,672pa
* State of the art architecturally designed building
* Located in the most prominent position within tightly held Sandringham shopping village
* Two titles to be sold as one
* Commercial 1 Zoning
Ground floor retail;
* Long term established hair salon, 30 plus years as a hair salon business
* Spacious retail shop with courtyard
* Securely leased: 3 +3 year lease
* Rent $29,640 pa plus outgoings with 4% fixed annual increases
1st floor residence;
* Inspections are a must!
* Stunning, state of the art luxury design with high quality finishes throughout
* Current rent $365 per week on a month to month tenancy
This is an exceptional double storey freehold property, which will suit the astute investor or future occupier. Located within the tightly held and most sought after Sandringham village. 100 m from the beach, opposite Sandringham train station , surrounded by major brand tenants such as Coles, NAB, Flight Centre plus many more. Close to Brighton, Hampton and Southland shopping centre.
For immediate private sale