Seize the day with this high profile street front opportunity enjoying a long-term lease in a blue-chip Hawthorn location. A multi-level 1960’s building currently accommodating a thriving Chinese restaurant, it offers generous returns and scope for excellent capital growth. Ideal investment enhanced by extensive interior fit-out, substantial street frontage, rear loading/parking and its prime position in the Glenferrie Rd shopping strip.

Building size: 850sqm approx.
Income: $179,978.28 (plus outgoings & GST) per annum
Outgoings: Council rates, water rates & building insurance
Lease term: Ten years, commenced August 2016
Further terms: Two further terms of five years each
Rent Reviews: 4% fixed increases annually & market at further term