Holding a strategic position in one of Northcote's most dynamic precincts, this outstanding property offers a rare opportunity to secure a premium retail property in a tightly held market. Boasting a prime location, two-for-one design and exceptional exposure, 8/25 Separation St is perfectly suited for savvy investors seeking long-term value. Partitioned to double the income, the current shop comes with two long standing tenancies in place, earning a total gross income of $63,600 per annum + GST + outgoings. - Currently leased to a Charcoal Chicken and Beauty Salon, with both businesses running successfully for more than 10 years. - Offering a long-term 5-year lease and sublease, returning $63,600 per annum plus GST plus outgoings. - Nestled within the thriving Northcote Plaza Shopping Centre, with Coles Supermarket directly opposite. - Boasting exceptional exposure to vehicular and pedestrian traffic, with both window and arcade frontage. - Total shop size of 126m2 (approx.), with over 900 car spaces available for customers in the surrounding car parks. Located in the heart of Northcote's Plaza Shopping Centre, the shop boasts exceptional visibility, with a high volume of customers and passing traffic. Only footsteps from other thriving retail businesses, the popular All Nations Park, as well as bus and tram services along High St and Separation St. *Photo ID required at all our open for inspections and auctions. We may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior. 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
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Properti ID: 504789836