Michelle Lanigan Real Estate Pty Ltd Home
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Property Details

For Sale - 592 Park Road, Park Orchards VIC 3114

Secure lease with thriving business

Retail
Property ID: 11057
Price: $845,000
Building: 86m²
Land: 242m²

PROPERTY DESCRIPTION

Michelle Lanigan Real Estate is pleased to offer the following investment for sale
FREEHOLD ONLY AVAILABLE FOR SALE - BUSINESS NOT FOR SALE
• Secure Lease with thriving tenant - Queens Domain Hairdressing
• Beautifully renovated
• Front salon plus staff room and beauty room
• Three year lease plus two (2) options of three (3) years expiring June 2033
• Nett rental of $35,020.00 per annual plus GST and outgoings (excluding land tax)
• Annual increases
• Vibrant area surrounded by quality businesses

INSPECTION BY APPOINTMENT ONLY

Please phone Michelle - 0417 361 161

COMPONENTS

NAME BUILDING LAND RENT (p.a.) PRICE
Total 86m² 242m² N/A $845,000
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ADDITIONAL INFO

FEATURES
Bond yes
Commenced 19.06.2024
Rent Review 3% plus market
OUTGOINGS
Outgoings Payable yes, except land tax
PROPERTY OVERVIEW
Property ID: 11057
Price: $845,000 Rent: N/A
Building: 86m² Land: 242m²
AGENT DETAILS
  • Michelle Lanigan

    P: (03) 9761 0777
    M: 0417 361 161

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