Rutherfords Real Estate is thrilled to present an outstanding tenanted investment For Sale, located just moments away from Ballarat Road. The property is nestled in a highly sought-after pocket of Deer Park and neighbours a variety of thriving businesses including Foodworks, Australia Post, local eateries, and more with ample street and rear parking.
Total Build: 115m2* Total Land: 172m2* Approximate*
Features: Ample parking High foot traffic area Shopfront parking Great investment opportunity Near immediate access to Ballarat Road Close proximity to Western Ring Road Current Leases: 2 Burnside Street – Western Rolls Price p.a - $24,750 Terms - 15/04/2024-07/12/2028 Further Terms - 1 Further Terms of 5 Years Annual Increases - 5% Annual Increase (fixed)
2A Burnside Street – Kingdom Fades Barbershop Price p. a - $24,750 Terms – 01/12/2023-30/11/2026 Further Terms - 1 Further Terms of 3 Years Annual Increases - 5% Annual Increase (fixed)
Home to quality tenants, this property offers an exceptional opportunity to secure a fantastic invesment in a prime location.
For more information please contact Damian Rustico on 0411 100 710 today!
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Damian Rustico