全新房
Further price reduction - owners want this sold
An attractive fully leased corner retail / office unit located on the Ground Floor of the Ramada Remarkables Suites within Remarklables Park Frankton. The Ramada Remarkables Suites is a modern hotel located in Frankton in close proximity to the Remarkables Park Shopping Centre.
Investment Highlights
• Fully tenanted commercial asset
• WALT - 4.2 years
• 6.01% return
• Rare small sized retail / office offering
• Modern good quality building
• Growing tourism location with a proposed convention centre nearby
• Adjacent to the Research and Innovation Hub that is under construction
Unit 2 comprises two tenancies on the south-western corner of the building having good profile to the main vehicular entrance to the hotel. The subject tenancies are fully lined, with one comprising a medical room type fitout and the second premises an open plan office.
Surrounding tenancies include a cafe, pizza shop, Thai restaurant, laundromat and library. The subject unit has frontage to the south-west and to the south-east.
The Ramada Suites is a four-storey complex comprising of steel framing and concrete tilt panel with the subject unit on the ground floor.
Unit 2 has a 2/9th share of 19 car parks are available to the front of the Ramada complex on Accessory Units 46 and 47 and on the western side of the subject is a large Remarkables Park car park.
Tenancy 1 has a Net Lettable Area of 54 sqm and Tenancy 2 a Net Lettable Area of 82 sqm.
For Sale by Negotiation - Asking Price $1,570,000 plus GST (if any).