5 Post Office Place, Glenroy VIC 3046

Auction

• Sat 26 November @ 11AM 26/11/2016 11:00 AM 26/11/2016 11:00 AM Australia/Sydney Auction for 5 Post Office Place, Glenroy VIC 3046 5 Post Office Place, Glenroy VIC 3046 Ray White South Morang false DD/MM/YYYY

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AN INVESTMENT THAT'S A CUT ABOVE THE REST!

- Positioned in tightly held and sought after retail/cafe strip
- Salon with new 5 year lease from 1.9.2016 with 5 year option
- Returning $24,000 per annum plus all outgoings
- Rear garage new 5 year lease from 21.9.2016 with 5 year option
- Returning $3000 per annum
- Total rental return $27,000 per annum
- Fixed 4 per cent annual increases with market review in year one of the option
- Right of way rear vehicle access
- Total building area 216sqm
- Land area 216sqm
- Zoned Commercial One

Property Details

• Type: Retail
• Tenancy: Vacant
• Zone: Commercial One