8 Lightwood Road, Springvale, Vic 3171

Nestled among established local businesses, this property offers unbeatable potential for investors.

Key Highlights:
• Location: Centrally located in Springvale CBD, directly across from the new Springvale Train Station.
• Current Lease: Tenanted with a rental income of $46,800 per annum, with an annual increase of 3%, plus outgoings.
• Lease Details:
o Commenced: 10/01/2024
o Term: 3 years
o Further Term: 1 x 3 years
• Business Type: Fusion Palace Thai Malay Burmese Restaurant.
• Land Area: Approx. 158m² with rear access.
• Future Potential: Opportunities for further development (subject to council approval).
• This is a fantastic opportunity to secure a prime commercial property in a high-growth area. Don't miss out!

- Terms: 10% deposit - Balance: 30/45/60 days

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Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist