1st Floor 792-806 Heatherton Road Springvale South, 3172 VIC
A Premium Investment
Your opportunity to buy a large piece of retail space in the very busy Springvale Plaza Shopping centre. Previously leased by "The Premium Springvale" this popular reception centre continues under new management assuring a good return on investment and a good income stream.
The property boasts a grand foyer, with spiral staircase and elevator, a large floor area that accommodates a seating area for meals, a band stand with dedicated dance floor, a bar and a professional kitchen to supply event patrons culinary needs making it a popular venue to host many and varied events from weddings and birthdays to local community groups social events.
Returning $9166 per month (including GST) plus Outgoings representing an approximate return on investment of 5% making this property a great addition to anyone's investment portfolio. The fifteen-year lease commenced in 2015 with a further fifteen-year term available with annual market reviews with increases based on CPI.
To find out more contact Theresa Huynh on 0450 551 959
For Sale P.O.A.
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Theresa Huynh
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Bon Ta