CRS Property is pleased to offer this property for Deadline Private Sale closing Wed 2nd October 2024 at 3.00pm A unique opportunity to purchase an affordable investment, situated in the heart of the tightly held Aberfeldie Village shopping and Café precinct. The property comprises: - A Single story shop of 135m2* approx. - Land Area: 225 m2* - Leased to Chaophraya Thai Massage - New 3 year lease from August 2024 - Returning $28,900 per annum gross. - Fixed annual increases by 3.0% - Enormous Future upside (STCA) - Long Trading and Established Tenant (Since 2014) - Rear Access and on site parking - High traffic location and excellent exposure to passing traffic. - Well serviced by all forms of public transport - Ideal Affordable Investment Opportunity. - Excellent prospects for strong capital growth. - Within Commercial 1 Zone - Convenient connectivity to major arterials including Tullamarine Freeway, City Link, and Calder Freeway. - Only 9 Km* from Melbourne CBD For more information, please contact: Lou Montalti on 0488 553 455 or [email protected] *approx
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