Global New Developments
Juwai Commercial
Juwai LUXE
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***The selling price is negotiable***
OPPOSITE SOMERVILLE STATION
2 x ESTABLISHED TENANTS
SOLID INVESTMENT
Simple Industrial Commercial are pleased to present these two (2) tenanted investments in Somerville
Located directly opposite Somerville station alongside many local retailers and offices, and only walking distance to the heart of Somerville.
We are selling the 1st floor office and shop front together or can be purchased individually.
The property is returning a total of $53,488 + GST + Outgoings
Investment Details:
Shop Front
+ Long-standing Fish & Chip shop
+ Currently returning $35,000 PA + GST + Outgoings
+ 3 year lease expiring 31/7/2026
+ 3 x further terms of three (3) years
+ 5% Annual increases
+ Approx 70sqm building area
Rear storage
+ Currently returning $6,500 PA + GST
+ 3 year lease expiring 31/7/2026
+ 3 x further terms of three (3) years
+ 5% Annual increases
+ Approx 15sqm building area
First Floor
+ Long standing Conveyancing office
+ Returning $11,988 PA + GST + Outgoings
+ Lease expiring 31/8/2024 with further term of five (5) years
+ CPI Annual increases
+ Approx 70sqm building area
10% Deposit required
30/60/90 days settlement
CALL NOW FOR MORE INFORMATION
Please set your own values to get your unique mortgage plan
Loan Term
Loan amount
Interest rate
* The above information is the average for each state in Australia For more details about loans, please send us an enquiry.
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Disclaimer: Currency shown is based on currency conversion, please refer to actual currency price of the property.
