New 5 + 5 year lease to experienced operator – at this location since 2002.
Substantial 1,929 sqm freehold site over 3 titles with three retail frontages.
Quality improvements include mechanical workshop, showroom, hardstand and customer parking areas.
Dominant corner position on the main route to Sydney, close to all services and public transport links.
Ideal commercial location opposite major Woolworths anchored shopping mall and adjacent McDonald’s, KFC and other major roadside brands.
Griffith: major regional city with a population catchment of 52,000 and growing.
Tenant pays outgoings, as per lease.
Attractive 3% annual rent increases.
Strong lease securities in place.
Easily managed single tenant investment.
Net Income: $85,000 pa + GST.