This high profile building has three shops, two being leased to the very popular Wakefield Bakery and the other being leased as real estate offices.
The total land area is 6012sqm with the buildings straddling both titles. A large area is set aside for car parking and there is an area of undeveloped land that boundaries the reserve offering future potential.
This property has been extremely well maintained and is in excellent condition with sound tenants and return.
Rateable Value. $1.200,000
Gross return Shops 158sqm $32,370 pa plus GST and outgoings Rent review 1st March 2021
Real estate offices 136sqm $15,000 pa plus GST and outgoings Rent Review 1st April 2021
LIM report and lease information available on request.