Waterfront Properties - Premises


02 4351 5515
support@premises.com.au
BLUE CHIP INNER CITY COMMERCIAL PREMISES

77 PINE AVENUE, MILDURA

BLUE CHIP INNER CITY COMMERCIAL PREMISES

Every now and again an opportunity arises to purchase an investment property showing good returns (5.57% net) with an outstanding tenant and a great location. Nestled in the ever-expanding CBD of Mildura, the property boasts a 396 sqm (approx.) allotment with lane access and parking for 6 vehicles at the rear. The contemporary building of approximately 137 sqm encompasses an entry/reception area, open plan studio, waxing room, treatment room and bathroom. Currently tenanted for $20,632.72 (Ex GST), the 3x3x3 year lease commenced on 30/1/19 with 3.5% annual increases. If you can’t get no bank satisfaction, then look no further.

Paul Modica
sales@paulmodica.com.au
03 5023 1400
0409 331 166
Price
$370,000

Address
77 PINE AVENUE, MILDURA

Town
MILDURA

State
VIC

Property Type
Residential

Property ID
37500

Land Size