Gorman Commercial FOR SALE

Shops 1-3, 344 Belgrave-Gembrook Road, Emerald

auction

TRIPLE FRONTED INVESTMENT OPPORTUNITY- LEASED TO NAB

Gorman Commercial is pleased to present this outstanding property for sale via public auction.

Auction: Wednesday 24th July at 12 noon on-site

Key attributes of the property include:

* Income: $101,893 per annum + GST + outgoings
* Renewed lease term: 3.5 years plus options
* Three street frontages with combined frontage of 45 metres
* Highly valuable ratchet clause with regards to rent reviews
* Surrounded by an abundance of public car parking
* Adjoining national tenants such as IGA Supermarket, Commonwealth Bank, Australia Post and many other local commercial businesses

Prominently located within the heart of Emerald town centre, the property presents an exceptional investment opportunity leased to longstanding tenant NAB.

Listing Highlights

  • Income: $101,893 per annum
  • Renewed lease term: 3.5 years + options
  • Three street frontages

Property Details

Asset Type
Retail
Building Area
203 m2*
Price
Contact Agent

Tom Maule

0401 636 049

tmaule@gormancommercial.com.au

Stephen Gorman

0418 321 828

sgorman@gormancommercial.com.au