FULLY LEASED CHARACTER PREMISES EXCEPTIONAL INVESTMENT 3+3 YEARS FROM 1ST MAY 2018 TO ESTABLISHED TENANT The property currently comprises offices/consulting rooms of approximately 211* m2 on a corner land holding of 627* m2. The frontage to Goodwood Road is approximately 25m and enjoys exposure to an average of over 35,000** vehicles passing daily. The property is leased to a well established, medical supply company at a passing rental of $60,000 per annum plus outgoings and GST. The lease is subject to annual reviews to CPI and market review at renewal. The current term expires 3oth April 2021 with a further option of three years. The property is located within the City of Mitcham and is within the Mixed Use (Goodwood Road) Zone. *Note : all areas, dimensions etc are approximate ** DPTI Average daily traffic volume survey RLA 205498 & 166790 This property is a Mixed Use for sale. Price: 1.00 AUD
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