• Prime location on popular Victoria St
• Rear access and car parking
• Net rental $52,914pa + GST and outgoings
Seldom available for sale are high profile retail properties in the heart of the Cambridge CBD, and this tenanted investment is no exception. Owned by one family for over 85 years and tenanted to a florist and giftware business for many years, there is two years to run on the current lease and one further right of renewal of two years.
The 206sqm (approx.) building is well configured, has a vibrant retail area at the front, a generous workspace at the back with mezzanine storage and rear access and parking.
The main street location and the well-established retail businesses and commercial neighbours ensure a steady flow of vehicle and foot traffic passing by. Public parking options abound in the immediate vicinity and there is opportunity to add value through seismic strengthening.