Description
High profile commercial development on the corner of Larapinta Drive and Lyndavale Drive is well leased and has potential for further development. At present there are two buildings on site, the first being let to a major supermarket chain, with a lease that expires 30th April 2012. This lease also allows for 2 x five year extensions with rent reviews to C.P.I. The second building is divided into two. The first half is leased to a take away food business, on a lease that expires in April 2014. The second section is presently vacant, and would be ideal for a complimentary business. There is also vacant land zoned for future commercial development. The potential for increased income here is huge. This property would be ideal for the investor or developer, and deserves inspection. Land Size: 3700m2 Zoning: C - Commercial Council Rates: Contact Agent Strata Fee: n/a Rental: Contact Agent
Was for Sale
- Publish Date: 31-05-2009 11:19:05
- Contact name: David Forrest
- 65 times displayed
- Website: www.framptons.com.au
- Location: Australia
- Business: Frampton First National
- Price: $1250000
