Whether you are considering the return (5.45%) or comparing the value against other properties for sale or sold, this one stacks up.
Leased until April 2027, and we like that there is no option period, because you can determine whether to renew the lease, occupy it yourself, or lease it to another tenant.
The tenant is within the booming health industry, specifically in the body shaping arena. This can involve cellulite, wrinkles, loose skin, muscle tone, and pockets of fat.
This industry group is very active due to an aging population (and we are living longer) and the impact of social media on how we may want to present ourselves.
Hampton Street is the largest retail centre, attracting a wide variety of businesses and, therefore, a consistent, loyal customer base.
* Leased until 2027 with no option
* Great internal presentation
* Rental: $49,094 per annum (as of April 2025)
* Impressive 5.45% return
For further details or to arrange an inspection please contact:
James Glen 0401 493 277
David McIntosh 0407 850 909
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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