235, 237 & Esplanade, Lakes Entrance

370m² Land
300m² Floor Area
Price Undisclosed
Sold on 25th September 2017
Property Type: Retail

ADDED INVESTMENT RETURN

Diversified investment 3 rental income streams, 2 commercial leases, one residential lease. Situated in a prime location of Lakes Entrance

235 Esplanade, Lakes Entrance : Retail Shop : Hairdresser : Rental of $12,565 per annum plus GST & Outgoings. Lease expiry 24.05.2019. 3 % rental increases.

237 Esplanade, Lakes Entrance : Retail Shop : Real Estate Agent, Rental of $14,300 per annum plus GST & outgoings. Lease expire 24.04.2020. 3% rental increases

237A Esplanade, Lakes Entrance : Residential Rental : Rental of $250 per week. Lease expiry 18.10.2017.

All properties are Commercial Zone 1 (CZ1), with front and rear access.

8% Return

$495,000 + GST (if applicable)


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