Unit 8, 2-4 Keppel Drive, Hallam, Vic 3803

Invest in the highly regarded and well-recognised Grenada Dance Studio, offering a solid investment opportunity for the building freehold.

Operating from the site since 1991, Grenada Dance Studio is secured by a new 5+5-year lease starting November 2024 with built-in 3.5% annual increases and end-of-term market review returning $66,030pa net passing rent.

The tenant has extensively fitted out the open plan building with high quality industry specific fittings, making them highly committed to the property and its continued success.

With excellent main road exposure, the site is amidst other quality retailers and well-known brands and is just a brief walk from the newly upgraded Hallam Train station. It also boasts easy access to the Monash Freeway, South Gippsland Highway and Princes Highway.

Undoubtedly, this site and location will appreciate strongly in the years ahead!

Enquire at www.faceyproperty.com.au to make your next move.