COMMERCIAL PROPERTY (ELTHAM)

This highly versatile retail premises presents an exceptional opportunity for astute investors seeking to enhance their portfolio with a strong-performing asset at an affordable price point. Ideally positioned in the vibrant heart of Eltham, adjacent to Main Road and only moments from the bustling Eltham Shopping Centre, the property benefits from outstanding exposure and convenient accessibility.

Key Investment Highlights:

• Occupy or Invest.
• Currently secure one (1) year lease in place to May 2027, with the tenant expressing interest in extending the lease term if offered.
• Fixed 3% + GST annual rent reviews, providing consistent income growth.
• Landlord-favourable net lease structure, with the tenant responsible for all usual outgoings.
• Prominent exposure to Main Road, Eltham, ensuring strong visibility and foot traffic.
• Immaculately presented retail area of approximately 75 sqm.
• Net income: $50,332.80 + outgoings (excluding body corporate fees).

Well positioned retail asset represents a compelling investment opportunity. Its strategic location, strong tenancy profile, and secure income stream combine to offer long-term stability and future growth potential in one of Eltham's most active retail precincts.

For more details, please email broker or call agents.