8/308-310 Springvale Road Springvale, 3171 VIC

Springvale Investment

Part of a group of shops at the corner of Springvale Road and St James Ave, that gain additional benefit from being next door to Woolworths Springvale and associated with a large public carpark at the rear. Shop 8 has approximately 93m2 of floor space, features full height glazing, access doors front and rear, and individual air-conditioning. A smaller paid parking area for 32 vehicles is directly behind the shop. Currently tenanted for over one year of a three year lease the new investor has an immediate return on their investment with the current rent increased to $37,440pa with annual increases of 5% scheduled on the lease anniversary date.

For Sale $1,200,000 to $1,320,000

Inspect

Inspection of this property is available strictly by arrangement only.

Contact


Century 21 Theresa Huynh Theresa Huynh
6/64 Buckingham Avenue
Springvale VIC 3171
 
Phone03 9547 7222