Details

This prime yield producing retail unit is located in a highly desirable commercial property location with excellent accessibility, visibility, and high foot traffic.

The asset is currently rented and benefits from a long-term rental agreement until 2036 with a current ROI of more than 4.3% and bi-annual increase of 10% which by the end of the rental period will return 6.33%.

The retail unit spans to approximately 143 sq.m. with approximately 69 sq.m. mezzanine, and is situated on the ground floor of a 6-storey modern building constructed in 2011, which has a contemporary design and quality material finish.

There is a separate title deed for this property with an exclusive right of use for 2 covered and 2 uncovered parking spaces