Description
Gorman Commercial is pleased to offer this investment for sale by way of public auction to be held on Wednesday 28th November at 12 noon on-site.
Outstanding securely leased Albert Park two-level terrace investment offering versatile improvements with significant future potential located within the bustling Albert Park Shopping Village.
* Securely leased: $44,961 p.a. + GST + outgoings
* Lease term: four (4) years + four (4) year option
* Building area: 109 sqm approx.
* Land area: 149 sqm approx.
* Rear courtyard plus on-site car parking
* Commercial 1 zoning
* Potential to extend existing improvements (S.T.C.A.)
Prominently located in the Albert Park Shopping Village opposite Albert Park Primary School amongst an array of quality retailers, cafes and restaurants. Tram services operate outside the property with South Melbourne Market, MSAC and the Beaconsfield Parade Beach within close proximity.