PRIME CBD INVESTMENT

Located alongside Woolworths Supermarket, this two storey commercial freehold offers two Tenancies over two titles.
- Ground floor 50 sqm approx and first floor 45 sqm approx
- Current total rental $23,651 per annum net ( to be increased to $24,310 per annum net as of 02/07/2017)
- Commercial 1 zoning

GROUND FLOOR
Lessee: Cafe Sixty2 Degrees
Term: 3 year lease commenced 2nd July 2014
Rental: $18,910 per annum net ( to be increased to $18,910 per annum net as of 02/07/2017)
Further terms: 2 x 3 years
Outgoings: Tenant pays outgoing excluding Insurance

1ST FLOOR
Lessee: Austec Surveyors
Term: Month to month tenancy
Rental: $5,400 net per annum