Old Cleveland Rd Carina Investment Freestander - New Leases in Place
A multi-tenanted investment opportunity over 2 levels
Currently leased to Institute of Sports and Fitness Centre. 820 Old Cleveland Road encapsulates a fully occupied asset, solid in construction and major exposure to busy Old Cleveland Road
Total net annual rental $104,257 p/a + GST
Basement Tenancy commencement date 18/3/2020 expiry 18/03/2023 – rental $26,144.20 p/a plus GST
First Floor Tenancy commencement date 24/01/2019 expiry 24/01/2022 – rental $78,113 p/a plus GST
Adjacent new proposed major bus terminal
Major redevelopment opportunity or sit and forget investment
Exposure to thousands of passing cars daily
For a detailed Information Memorandum please contact exclusive marketing agent Paul Flego