Great opportunity to secure an affordable retail investment in the ever popular Clifton Springs. This laundromat has a lease until September 2022 with a further 5 x 2 year options and is a sit and forget investment.
* Secured tenant with lease until 21st September 2022
* Current tenant has been operating for almost three years
* Further 5 x 2 year terms
* Current rent $18,200 per annum plus GST plus outgoings
* Rent increases of market review at commencement of new terms and 3% increases annually
* Building area: 110m2 approx
* Land area: 204m2 approx
* Commercial 1 zone
