74 Station Street
Blue Chip Bayside Retail Investment with Upside
Securely leased freehold investment for public auction.
Key features are:
– Best position in the highly regarded Sandringham Village
– Securely leased: 5 + 3 year lease (commenced 1 March 2016)
– Leased to a well renown local established business
– Current rent: $25,370pa + GST + Outgoings
– Annual increases and market review at year 1 of option
– High quality fitout
– Excellent frontage to Station Street
– Freehold property, note: no owners corporation involved.
– Future upside (STCA)
The property is positioned in arguably the best location amongst the tightly held Sandringham shopping village. Directly opposite Sandringham train station, surrounded by national retailers, fantastic cafes & eateries and only metres from the iconic Sandringham beach.
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