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Retail for Sale in Sunbury
Affordable Solid Investment
- Building: 110m²
- Land: 185m²
Next Steps:
Enquire with agentAdditional Information:
FloorplanThis is certainly an extremely rare opportunity for the savvy investor. Tightly held in one of our well established , busy and diverse strip shopping precincts. Commercial investment is all about enjoying solid returns and steady capital growth and we believe this property represents fantastic value.
- $37,133 yearly rental income (5.1% return approx.)
- Well Established long term Bakery ( 36 years! )
- New Lease commenced 14/03/24 5 years with annual 3% rises.
- Tenant pays all outgoings
- 2 further terms of 5 year options
- Floor space 110sqm (approx.) secure rear yard ,
- Private rear parking/delivery via rear lane access.
- Total Land size 185sqm ( approx )
There is no better place to own a Commercial investment property. The expanding township of Sunbury is located in one of the fastest growing municipalities in Melbourne with current rapid residential development and huge future expansion plans. Just 15 mins to Melbourne Airport and 35 minutes to Melbourne CBD (approx).
Due to the high demand for this type of investment this premises is listed for Auction 9th May at 11.00am. Please call for full documentation
110m²
185m² / 0.05 acres
Tenanted
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