20 Spring Square Hallam VIC 3803

Auction On-Site 12:00pm Wednesday 13th September 2023.

This excellent shop of 82m2 currently used as a real estate agency sits on a total land area of 185.8 m2 offering potential for future expansion (STCA) and returns $26,412.67per annum net with the tenant paying all usual outgoings, and the tenant is on a 3-year lease commencing 05/09/2021.

The Spring Square shopping comlex is a thriving community shopping precinct and is underpinned by the near-new Coles development.

Featuring:

+ Securely LET to quality tenant
+ Long term lease
+ $26,412.67 net rental return per annum
+ Tenant pays all usual outgoings
+ Thriving community shopping precinct
+ Executors auction
+ Already established shops anchored by large Coles
+ Plenty of public parking
+ Great street frontage
+ Lots of car and Foot Traffic
+ Rear Access

For further details, IM, contract documentation and/or inspection, please contact:

Jeffrey Richardson on 0418 328 101
Chris Azidis on 0478 770 903
Sid Gajjar on 0432 582 669