Opportunity for intending owner occupier, developer or small investor to purchase prominently positioned property with exposure to a high volume of vehicular traffic.

The land is contained within 1 Certificate of Title, with a total area of approximately 790 sq metres with a frontage to North East Road of 29.71 metres.

The land is located within the bounds of The City of Tea Tree Gully in a commercial zone.

Improvements comprise a former residence with associated shop front with a total area of about 250 sq metres with on site parking available at the front and side. The premises are now adapted to provide a retail showroom with associate storage facility.

The property is currently leased to the Light Factory on a monthly tenancy arrangement at a conservative rental of $2,020.00 per calendar month (GST exclusive) with outgoings payable by tenant.

The property has been held in the same ownership for many years and is offered for definite sale at a price of $675,000.00 (GST inclusive).

For further details and inspection contact Sole Selling Agents, George Zogopoulos on 0412 824 278.