Part of a group of shops at the corner of Springvale Road and St James Ave, that gain additional benefit from being next door to Woolworths Springvale and a large public carpark at the rear of the shops. Shop 8 has approximately 93m2 of floor space, features full height glazing and access doors front and rear and individual air-conditioning. A smaller paid parking area for 32 vehicles is directly behind the shop.
Currently tenanted for over one year of a three year lease the new investor has an immediate return on their investment with the current rent increased to $37,440pa with annual increases of 5% scheduled on the lease anniversary date. (01/07/2026)
To find out more this investment opportunity please contact Theresa Huynh on 0450 551 959
Primary Outgoings 2025
Council Rates: $3,959.15
Owners Corp: $3,721.50
Water approx $1,000
Essential Safety Measures $360