Located right in the heart of Milton’s commercial/retail area is this freehold site with a land area of 1,168m²(approx.).
The site comprises of a substantial single level building (440m² approx.), plus additional garaging/storage space (180m² approx.) at the rear of the property.
There are three existing leases in place, two of which are retail leases plus an ATM lease with a prominent New Zealand bank. The large 3-bay garaging space is currently let to one of the existing tenants.
Net Income of $34,906 (approx.).
The building offers a large amount of space to both retail outlets. Excellent street frontage with large window display areas, good street signage, and own toilet facilities. Parking is available at the rear of the building with a shared accessway from Shakespeare Street, or via the alleyway directly off Union Street.
This property offers great space, flexibility, and loads of potential for an astute investor. This is a rare opportunity to purchase an asset like this at such an affordable level.
For Sale $480,000 + GST (if any)
Finance or trade available
Contact Jeremy for a viewing appointment.
