Nichols Crowder is proud to present 491A Hampton Street, Hampton, to the market via private sale. This 90sqm* retail space ticks all the boxes for either an investor or owner-occupier. With a solid return of $40,000 P/A + outgoings, it's an ideal "set and forget" investment with the potential for a long-term lease. For owner-occupiers, the overholding arrangement with either party giving three (3) months' notice is also a great option. Located on one of the most sought-after retail strips in Melbourne, Hampton Street continues to go from strength to strength. With a minimal vacancy rate, the location is highly desired by a multitude of retail businesses. Key features include: * Building area: 90sqm* (approx.) * Front reception area * Suitable for a variety of uses (STCA) * Split system air conditioning/heating * Toilet * Kitchenette with hot water * Ten (10) styling stations * Three (3) basin areas * Three (3) car spaces * Great frontage onto the sought-after Hampton Street retail strip * Currently tenanted on an overholding agreement * Either party can give three (3) months' notice * Currently returning $40,000 p.a. + outgoings For further details or to arrange an inspection please contact: Matthew Duncan 0400 427 427 DISCLAIMER: * All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. * By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
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