This commercial property has a prime location in the heart of Kadinas CBD - the shopping hub of the Yoke Peninsula. Easy parking out front, high exposure, updated streets and footpaths, large windows and rear lane access all make this shop a popular location for tenants past and present. Its current lessee is a national franchise with a 5 x 5 x 5 year lease in place and is receiving approximately 8% ROI with a rental return of $80,000 per year Gross. Solar panels have recently been installed to keep those power bills under control for the Lesee plus the shop front has ducted evaporative air-conditioning as well as split systems throughout. This property offers a bluechip investment opportunity for someone looking to reap the rewards of a long term tenancy. Contact the Sales Agent David Bussenschutt on 0429 692 511 for further info.
Buyers will be able to participate in the auction in any one of the following ways:
Online via App; on mobile, tablet or desktop; subject to our pre-registration process.
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