44-52 Hawson Avenue North Plympton SA 5037

Recently acquired by a reputable licensed building and fitout professional group ready to bring this neighbourhood shopping complex back to life (previously owned and inherited by a family for over 35 years).

A group of 8 shops (last 2 available) on the corner of Hawson Avenue and Shelley Avenue in North Plympton, it is surrounded by a medium to high density mix of character homes and newly built dwellings.

Shop 1 (72.4 sqm*): $13,500 - $15,000 p.a. + 14.20% of Outgoings (Massive fit-out incentives available)

Shop 2 (66.7 sqm*): $15,000 - $16,000 p.a. + 13.08% of Outgoings

Shop 1 & 2 (139.1 sqm*): $23,000 p.a. + 27.28% of Outgoings

- Lease Term Preferred 3-5 years

- Lessee performed works will allow for greater negotiation.

Owner/builder is currently in the process of giving the center a massive face lift including clearing and resurfacing the rear carparking area, restoring the façade and upgrading the overall power supply available to each shop.

- New corner shop cafe currently being fit-out creating the Major Anchor tenancy for benefit of the whole center.

- New Toilet block with female/male/disabled to be constructed.

- Resurface and polish terrazzo tiles on facade of building

*Approx.

If you would like to inspect the property please contact Nick Mastrangelo 0401 790 753 or Dion Mastrangelo 0431 576 848 or Mastracorp Land line 08 8212 0140

Property Code: 2009