$220,000 on Dee Street close to Esk Street the centre of boutique retail area. Neat building that has an expensive fit out for a young adult clothing shop called True Grit (please note the business is not for sale).

Current lease terms - 1 year and 6 months from 1st August 2012 to (Feb 2014) plus 3 rights of renewal of 2 years each.

Rent - $23,000pa + GST plus the tenant pays the insurance (not rates).

ICC Rates 2013/14 - $2,238 + GST

2011 Capital Value - $200,000 Land Value - $117,000

Land Size - 125m2 Building Size - 210m2

For a copy of lease and inspection contact David McKillop 027 434 0709