Securely let to an established business, this investment property provides a strong return plus an opportunity for future development (S.T.C.A.). With a prominent position at street front plus rear lane access for off street parking, this property makes for a great medium - long term investment. Add the special ingredient of a strong, stable tenant and you have a hassle free investment. Inspect by appointment only.

Secure 5 year lease which began 1. July 2009.
Three further terms of five year options.
All outgoings and GST paid by the tenant.
Annual increases.
Return on investment 5.2%.

For further information or a FREE MARKET APPRAISAL please call Phillips Nicholson First National Real Estate on 03 9586 05....

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