Huge Rental and Capital Growth upsides!
Situated in the heart of Grange is this fully leased retail commercial investment opportunity. Located on the corner of Carberry Street and Thomas Street is this single level complex with 6 tenancies currently in place.
Anchored by a brand new Jetts tenant and surrounded by substantial amount of residential housing in a suburb where the median house price is $1,610,000 and adjacent to the Wilston State High School, this is a highly sought-after property. With low rentals, large rental annual increases forecasted, this is a prime opportunity to purchase now with substantial upside year on year.
The building offers 6 tenancies totalling 747m2 on approximately 1,275m2 of land. Ample on street and underground common parking. This is a unique opportunity to pick up a site situated in a high-growth area.
This property is prime investment for repositioning and in the process will see substantial capital growth and rental returns. Do not miss a great opportunity based on face value.
Contact the Exclusive Agents to discuss this investment opportunity today.
Property ID: #R2-3619402
