Ray White City South
Freehold Retail Investment
- Building/Land: 196m² (0.05 acres)
This 2 storey building is located on busy Elizabeth Street close to the corner of Devonshire Street behind Central Station.
It has about 9 metres street frontage on Elizabeth Street enjoying excellent exposure to pedestrian and vehicular traffic.
It is currently leased to a licensed Korean restaurant which has agreed to renew the lease for 4 years from 15 June 2009. The net rent is about $130,000 per annum plus GST. All outgoings are paid by the tenant. The lease allows annual CPI adjustment.
The land area is about 196 sqm and it has rear lane access from Beattie Lane.
Details: Raymond Hung 0419 223 895 or email firstname.lastname@example.org
196m² / 0.05 acres