Auction - Prime Footscray Retail Investment - Leased to RAMS Home Loans 238 Barkly St FOOTSCRAY VIC

Description

SOLD

Auction Date 11:00 AM Wednesday, 12 December 2018

PREMIUM RETAIL INVESTMENT OPPORTUNITY

Outstanding opportunity to acquire an exceptional retail investment property
Lease to major tenant RAMS Home Loans branch office
3+2 year lease with annual rent increases of 4%
Current annual net rental $45,427



High volume foot traffic in AAA retail strip



Located in heart of Footscray on Barkly Street
On site secure car parking on title for 1 car
Rear access to secure car parking
Self contained inc amenities & kitchenette
Close proximity to train station & markets
Footscray Activity Centre Zoning
1 of 3 shops to be auctioned individually - refer to 238 & 234 Barkly St
Investment report & contract/sale documentation available upon request
Open for inspection Wednesdays 12.30 - 1.00 pm or by appointment

(Auction Terms:60/90 Days)