High profile Commercial space suited for many uses located on a major transport link and visible to Over 50,000 cars passing daily. Easily accessible bypassing public transport and located adjacent to the Bundoora shopping Centre. This area is showing strong renewed Commercial confidence and growth.
Situated on the concourse of this prominent building with Plenty Road exposure, this modern office / retail showroom is currently Leased to a Yoga and wellness studio returning $26,000pa plus GST and Outgoings with fixed 4% annual increase. Lease commenced April 2023 for 3 years with option.
Property has rear access into the tenanted residential complex and lends itself to many uses and opportunities. Close to Latrobe University and RMIT campus.
With solid income, fixed rental increases and the outgoings paid by the tenant, this makes a very good addition to your investment portfolio
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