36 Springthorpe Boulevard, Macleod
High Yield Investment (circa 6.5%)
SOLD By Miles Real Estate. This immaculately presented retail shop is in the Macleod Springthorpe Estate offering an opportunity for a savvy investor looking to secure a long-term lease.
- Building area: 70 sq. metres (approx.)
- Boutique location with high amount of daily traffic and good exposure to Springthorpe Boulevard
- Current Passing rental of $25,500 per annum.
- Long-term lease to "Carbone's Place" pizzeria.
- Two (2) further terms of five (5) years (Current lease expires December 2021).
- Tenant paying all outgoings (except land tax).
- North facing with excellent natural light and Springthorpe parklands/playground directly opposite.
- Onsite shared parking
- La Trobe University- Bundoora campus, YMCA- Macleod, Victoria Police, EPA Victoria, & Ivanhoe Grammar (Year 9 Campus) all well-known organisations within a short distance.
Terms: 10% Deposit. Balance 30/60/90 Days
Neighbourhood
Macleod
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