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.

• Leased until April 2026 with six-year renewal

• High profile corner site on busy thoroughfare

• Net rent $159,266pa + GST

• Land area 1,295sqm with residential development potential