7 Stuart Road, Dulwich
Sold! $1,850,000 -
EXCELLENT SECURELY LEASED RETAIL PROPERTY!
This very high profile property is located prominently within the village
scene of Dulwich. Consisting of some 333 sqm (approx) the property is contained
within 2 strata titles jointly leased to a very successful retail supermarket operator.
The initial lease expires in December 2021 with renewal options for a further 20 years.
Current net rental return is $126,589.09 plus gst and has annual increased set at 4% per annum for the initial term. A tremendous long term investment opportunity providing an excellent secure return in this very tightly held popular Eastern suburbs location.
To be auctioned on site at 11.30am Wed 4/4/12 (unless sold prior)
Full details are available from Peter Burns.
