Shop 6/Lakes Arcade 243-245 Main Road TOUKLEY
- Lease expiring in June 2022
- Below Market Rent
- CPI annual increase on the 30/6/21
Investment With Upside
Located toward the eastern end of Toukley CBD on the south side of Main Road.
What a great opportunity! This property as been occupied by the same tenant for nearly 20 years. With an annual income that is below market rent of $17,298.36 Gross + GST. The floor area is approx.135sqm within the busy Lakes Arcade Toukley.
This strata suite is 1 of 11 lots within the complex that also provides ample off street (common) parking at the rear, and amongst a great mix of occupants.
This is a rare opportunity with the ability to either increase the rental income or possibly move in next year