Where everyone wants to be... Studfield Shops.
Surrounded by a large variety of businesses, this property offers opportunity to an investor. Currently leased to "The Pizza Factory" till January 2023 and has 2 further terms of 5 years each.
Current nett rental is $56,280.00 pa plus GST and outgoings (excluding land tax)
The property is approx 75 sqm with a total land area of approx. 187 sqm which offers rear off street parking, storage and toilet.
Studfield Shops is a tightly held area with very few vacancies. Surrounding businesses include IGA, Newsagent, Florist, Butcher, Cellarbrations Liquor, Pharmacy, variety of food stores and plenty more.
Potential for further development down the track (STCA).
|Date: 08-03-2022||Price: $1,200,000|
|Building Area: 75m²||Rate: $16,000 per m²|
|Land Area: 187m²||Rate: $6,417 per m²|
P: (03) 9761 0777
M: 0417 361 161