Approximately 3129m2 development site with 3 street frontages
Zoned large scale retail
Property has eight tenants with a net holding income of approximately $139,183 pa plus GST which represents a 10.78% yield on investment.
All leases have a 6 month demolition clause
Development site of this size and location rarely become available
Tenure Leasehold
For a full information memorandum phone Graham Stewart 027 224 0123