Secure this exceptional retail investment leased to "Frankly Bagels" Cafe and located in the trendy suburb of Prospect.
* Tenant: Frankly Bagels
* Lease term: 5 years (commenced Jan 2020)
* Rental: $16,000 pa net plus GST plus Outgoings plus GST (approx)
* Annual CPI increase
* Ownership of 1x Strata Car Park is inclusive.
Located on ground level below the Belford Apartments and ideally positioned across the road from The recently updated Charles Cane Reserve with additional playground and landscaping. This popular café is the ideal investment, with commercial rates the lowest they have ever been.
Prospect has seen significant development of both commercial and residential in the past five years ensuring hospitality tenants continue to thrive.
For information or to inspect contact Ford Nicholas on 0400 658 628 or ford@prorealty.com.au.
