5 / 312 Mount Barker Road, Aldgate

Leased , Affordable investment.

5 / 312 Mount Barker Road, Aldgate

  • Price: $290,000 - $310,000
  • Location:ALDGATE
  • Car Spaces:1

Leased , Affordable investment.

Why have your money in the bank in the minute ? This low maintenance, easy care property has a fixed lease until 2023, with a further right of renewal for 5 years to the Salvos and currently offers a 5% return. The strata unit is an open front shop area with kitchen & toilet facilities at the rear. An internal wall has been opened with the adjoining strata owner to create a larger retail area with the proviso at the end of any current lease the wall would need to be re in- state by the current tenant. This strata group has an excellent mix of tenants with ample parking, and great passing traffic between Aldgate & Bridgewater. Selling Now Until 10/12/19 (unless sold prior) RLA 354

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Stephan O'Rielley
Stephan O'Rielley