AFFORDABLE INVESTMENT PROPERTY - $400000

Description

Very well positioned in Williamson Street, just a stones throw to the revitalized Hargreaves Street Mall, this property presents the mid range investor the perfect opportunity to gain a foothold into the commercial investment scene. Or for those those already with a portfolio, there is the chance to add value to their holdings. Tenanted by Blue Illusion, a very well known and respected brand of boutique womens clothing. The current lease of 5 years commenced on 1ST June 2006, with a further term of another 5 years. The lease allows for annual CPI increases. Low maintenance, high profile and a very strong tenant makes this a fantastic investment opportunity.