Leased Investment to Established and Long Term Business
Property ID 1913591Ray White Commercial is pleased to offer to market an outstanding entry level investment opportunity which has been leased to a long term and established laundromat for approx 35 years with the most recent tenant having been in occupation for the past 13 years.
Benefitting also from unsurpassed main road exposure, this is one investment that you can't look past!
- Long term tenancy for approx. 13 years
- Established business been operating for approx. 35 years
- New Three (3) year lease with further terms commencing July 2017
- Main Road exposure.
- Total building area 62m2 approx.
- Main Rd exposure
- Rear access with on-site parking
- Three (3) phase power and commercial grade gas supply.
- Current income | $15,375 plus GST plus Outgoings
- Current lease | commenced 18th July 2017
- Terms |Three (3) years with two (2) further terms of Three (3) years each.
For a copy of the Vendor Statement or to arrange an inspection, please contact one of the exclusive marketing agents below:
Ryan Amler - 0401 971 622
Theo Karkanis - 0431 391 035
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