Central to the St Leonards community, the St Leonards Supermarket and Newsagency has occupied a prominent corner position for many years. With over 7 years remaining on the current lease term, this is a terrific opportunity to secure a commercial investment property in an excellent location.
Comprising retail display area, Australia Post service desk, storage and bathroom facilities along with on-site car parking and additional grassed land area available for further development (subject to council approval), the property is well suited to meet current demand, or grow to match St Leonards expansion as required.
Supported by the local community which continues to see growth as a result of extensive residential development in the area, the property is strategically located and well suited to the existing business. This is further evidenced by the Australia Post outlet on site, complete with post boxes.
At an affordable price point, in a strategic location, offering a lease term in excess of 7 years, and a tenant in a defensive market segment this is an excellent opportunity indeed.
Please note:
Any boundary outlines and areas on the floorplan should be treated as indicative only and not relied upon.
For GST purposes the sale of the freehold property is treated as a Going Concern.
The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the property.
Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.