• Tenanted investment returning $50,000pa + GST and outgoings
• Built-in personal guarantee and rental bond
• Potential for vacant possession offering flexibility
This investment offers a bakery shop comprising of a retail area of approximately 72sqm and 19sqm balcony. The lease is currently returning $50,000pa + GST and outgoings with a rental bond and a personal guarantee, as well as a built-in CPI rent review. Trading as Dili Desserts, the tenant is claiming to be the first Xinjiang-style bakery in Albany.
This property is located in Rosedale Retail Centre, a popular retail complex consisting of 39 units with a comprehensive range of restaurants, retail and service providers. Two supermarket giants have established a strong presence in the eastern and western corners, bringing in tremendous traffic. Astute investors and owner occupiers must seize this opportunity.
