- Strata titled lot with a wide shop front
- Part of a prominent development on an elevated corner site
- Secure investment with long standing tenant
The Location:
Enjoying a prominent position in a high exposure site on the Princes Highway at Sylvania, this strata title mixed use development also benefits from its corner location which offers 24/7 customer parking at the front of the building.
Currently leased to a secure long standing tenant, your income stream starts from day one of ownership. The wide shop frontage of approx. 10 metres offers exceptional display opportunities with a constant high volume daily average traffic flow along the Princes Highway of approx. 28,000 vehicles.
The Property:
Building offers a main southern arterial road position
Street level retail | commercial premises in a high exposure position
24/7 customer street parking with timed spaces creating high vehicle turnover
Total Lot area of approx. 134m²
Floor space approx. 105m²
Two car spaces approx. 29m² on title with one fully caged for storage option if required
Zoned E1 Local Centre
Full width 7.3 metre glazed display shopfront
Private amenities include a WC plus a kitchenette
Ducted A/C
Undercover rear lane access to the lot
Securely leased at $51,600 per annum plus GST offering immediate rental income