Occupying a premier corner position with high pedestrian and vehicular visibility, this impressive offering is a superb commercial opportunity for the discerning investor seeking to diversify their property portfolio and achieve consistent solid returns of approximately 5% per annum with a yearly cash flow of $46,000. Currently tenanted to the esteemed Porter's Original Paints, the shop has a 27sqm footprint with high ceilings, timber floors, large picture windows, shared w/c and rear common storage area. Well maintained and facing north which ensures that the showroom area is filled with natural light. Zoned E1 for mixed use commercial, the property is well positioned just moments to shopping, cafes and regular train and bus transport.
- Established shop in prime corner locale
- High pedestrian and vehicle visibility
- E1 zoning for mixed use commercial
- North facing and awash with sunlight
- Long lease to Porter's Original Paints
- With a 27sqm footprint and high ceilings
- Solid returns of approx. 5% per annum
- Yearly cash flow of around $48,000
- Ideal chance for portfolio diversification
