Compare Listings

  • Address: 102 Grimshaw Street
  • City: Greensborough
  • Postcode: 3088

Description

Don’t miss out on this fantastic opportunity to own a beautifully renovated shop, strategically located in a prime area with excellent development potential. Situated just a short walk away from shops, restaurants, Greensborough Plaza, Train Station, and Watermarc, this 80sqm shop offers a range of possibilities for the astute buyer.
With the lease already in place, you can enjoy a steady rental income from day one. The annual increase of 2.5% ensures your investment grows over time, offering attractive returns. Whether you’re an investor looking for a reliable income stream or a visionary ready to capitalize on the development potential, this property ticks all the boxes.
Key Features:
Size: 80sqm (approx.)
Lease Details: $33,825 per annum plus GST plus outgoings
Lease Term: 3 years commencing on 1st September 2022, with a further term of 3 years
Annual Increases: 2.5% per annum
Renovated by the current tenant to a high standard
Rear lane access for convenience and easy loading/unloading
Development potential to expand or extend the current shop

This property is sure to attract attention, so act quickly to secure your slice of the thriving Greensborough market. For further information or a private inspection.
Contact: Terry Gazelle 0438 196 480

Regenerate response

Detail

Updated on March 21, 2024 at 9:18 am

  • Contact Agent

Floor plans

Retail Shop with Development Potential

  • Price: Contact Agent

Similar Properties

Commercial
Commercial

Endless Opportunities

91 Grimshaw Street, Greensborough Vic 3088

Retail

Retail

CommercialLeasedlease
CommercialLeasedlease

Main Road Exposure

10/83 Main Street, Greensborough Vic 3088

Medical/Consulting

Medical/Consulting

Commercialsale
Commercialsale

Entry Level Investment

3/143 Main Street, Greensborough Vic 3088

Medical/Consulting

Medical/Consulting

CommercialLeasedlease
CommercialLeasedlease

Office Space

83 Main Street, Greensborough Vic 3088

Medical/Consulting

Medical/Consulting