237 Brighton Road, Somerton Park

SECURELY LEASED MAIN ROAD INVESTMENT PROPERTY

237 Brighton Road, Somerton Park

  • Price: Contact for price
  • Location:SOMERTON PARK
  • Car Spaces:15
  • Area:1090 sq metres

SECURELY LEASED MAIN ROAD INVESTMENT PROPERTY

Land holding of approximately 1090 sqm with an impressive 25.86 metre frontage to Brighton Road- adjacent to intersection of Oaklands Road.

Highly versatile improvements of approx 332 sqm with development approval to hand for a 7 day fitness centre.

Fully sealed on site parking at front and rear for approximately 15 vehicles.

Securely leased for a 5 year and 5 year term commencing 04/06/2015 at a current rental of $62,000 PA + GST with yearly rent review mechanism.

Tenant pays all statutory charges (except state land tax), landlords building insurance premium + reasonable management fees.

Excellent opportunity for passive investors or intending future owner occupiers to purchase a prominent property with further developmental options (STNC).

For genuine sale, contact George Zogopoulos on 8410 6444 or 0412 824 278

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