An outstanding opportunity to secure a high-exposure commercial freehold in the vibrant Spring Square shopping precinct.Perfectly positioned amongst established retailers, caf�s, and service providers, this property enjoys strong pedestrian activity and excellent visibility - ideal for investors or business owners alike.- Located in the heart of Hallam's bustling commercial hub, anchored by Coles Supermarket- Commercial 1 Zone (C1Z)- Leased to a Bakery/hot bread business- Five (5) year lease commenced on 1 August 2022- Market review at beginning of each further term and 3% Fixed annual increases- Secure long term investment with two further terms of 5 years each- Tenant pays outgoings - Surrounded by thriving businesses and community amenities- Ample customer parking within the precinct.A rare offering in a tightly held location, presenting excellent long-term growth potential.Auction: Thursday 13th November at 12:00PM (On-site)Terms: 10% Deposit, 90 days settlementContact Kosal Prum 0423 610 870 for further information.
