90-94 Lower Plenty Road, Rosanna
Expressions of interest closing Wednesday 26 Feb at 4pm - Secure Investment with Upside!
This substantial commercial site, operating as IGA Rosanna, enjoys enormous exposure and offers a solid income stream from a well-established business with scope to potentially add value in the medium to long term.
A very sound opportunity for a commercial acquisition encompassing the best possible components for a "set and forget" investment.
- Total Land Area: 736 sq. metres (approx.)
- 5-year lease plus option commencing Nov 2022
- Net income $140,000.00 per annum plus GST
- Annual rent reviews
- Zoned Commercial 1
- Access via rear right of way and close proximity to extensive public parking
- 200 metres to Rosanna Railway Station and various bus routes
- Surrounding businesses include Bakers Delight, Chemist Warehouse, Australia Post, cafes, restaurants and medical affiliated services
Terms: 10% Deposit Balance 60/90 Days
Neighbourhood
Rosanna
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