Investment plus landbank

444 Cuba Street, Alicetown

By Negotiation

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Investment plus landbank | 444 Cuba Street, Alicetown | 3254904 |      X Close

Investment plus landbank

A high profile, large format retail property occupying a sizeable corner site with obvious future development potential. The property is located on busy Cuba Street in Alicetown commercial precinct.

The showroom is well leased to a national furniture retailer with 2% annual rental growth.

New national residential intensification rules provide this property with tremendous redevelopment potential to multi-level residential in the future.

In the meantime, enjoy the steady cashflow.

β€’ Leased until April 2026 with six-year renewal

β€’ High profile corner site on busy thoroughfare

β€’ Net rent $159,266pa + GST

β€’ Land area 1,295sqm with residential development potential

444 Cuba Street, Alicetown

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