On offer we have this sound opportunity to purchase this very hard found commercial building in the heart of St Albans. Current rent payable by the tenant is $38,400 per annum including GST.
All Outgoings are paid by tenant except Council Rates. Tenant has 2 more years lease with no further options to extend but are willing to negotiate new lease and stay on if desired by the new purchaser.
Ground floor lettable area is estimated to be approximately 140m2 with entry via Albert cres as well as Main Road West. This Blue chip location on bustling main road is within short walking distance to St Albans train station Complex, Victoria University and St Albans Sam's Market.
Inspections
No open inspections scheduled.
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Contact Bojan Lojanica to learn more about this property, request an inspection or take an online tour.
Key details
Property Type:Retail
Block Size:172 m²*
*These are approximate values based on available information.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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