Description
Pardon the pun but investments are a bit like making bread. First you need a good mix, a few shares, a few properties, then you sit back and watch them rise in value. That's exactly what could happen with this prime freehold commercial property. The property features a 4 x 4 x 4 lease with a 3.5% annual rent increase which gives you a 8.8% (approx) return on your investment, a large 1100m2 (approx) block with rear access. The current tenant is a successful bakery who are responsible for the outgoings. This property is in the heart of the Warracknabeal CBD and should be inspected without delay.
Was for Sale
- Publish Date: 01-06-2009 05:08:26
- Contact name: John Hadley
- 131 times displayed
- Website: www.northwestrealestate.net.au
- Location: Australia
- Business: North West Real Estate
- Price: $150000
Place:
92-94 Scott St, WARRACKNABEAL, VIC, Australia, 3393
Average Price in WARRACKNABEAL ...