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: 115m* 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!
Disclaimer: The information contained in the material Rutherfords has supplied (the "information") is for general information purposes only. Rutherfords assume no responsibility for errors, representations, or omissions in the contents of the information.
In no event shall Rutherfords be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract negligence or other torts, arising out of or in connection with the use of the Information or the contents of the information. Rutherfords reserves the right to make additions, deletions or modification to the contents of the information at any time without prior notice.
Damian Rustico