56 Brice Avenue Mooroolbark VIC 3138

Auction Wednesday 17th July at 11am on site unless sold prior

High profile Brice Avenue classic lock-up brick shop opposite the new Mooroolbark Station Transport Hub with long standing reliable retail food business. This freehold premise is ideal as an entry level investment or an affordable addition to any existing retail portfolio with the future option for an owner occupier. Currently leased until September 2025 with a further three year option (tenant would like to extend the lease further), this 90 sqm approx. building on a 234 sqm approx. allotment has rear laneway access and may offer future development potential (STCA). Currently returning $23,443 PA net with annual CPI rent reviews and market review at option. Call now for full details.