2 Shops To Be Sold In One Line | Entry Level
2A-2B Ramsey Boulevard, Inverloch VIC
Property Highlights
Description
Burgess Rawson in conjunction with Ray White Inverloch, are delighted to offer the property at 2A & 2B Ramsey Boulevard, Inverloch VIC for sale by On Site Auction, at 11.30am (AEDT) on Saturday 27th of January 2024
+Brand new 5 & 3 year leases to long proven established Pizzeria Restaurant and Beauty Salon
+ Net leases with tenants paying all usual outgoings as per lease documents
+ Annual CPI rent reviews
+ Absolute prime 360sqm retail site in the heart of the Inverloch
+ Huge 18.5 metre retail frontage and exposure
+ Two retail shops with combined 264sqm net lettable area
+ Beauty Salon includes new immaculate capital intensive tenant fit-out
+ Postion perfect adjoining the Esplanade Hotel, with huge foot traffic, and immediately opposite proposed three level / 42 apartment development
+ Central amongst ample council car spaces all within close proximity
+ Value add features include rear development land (STCA) subdivision potential (STCA) plus rental upside.
+ Inverloch: year round tourist town, 86 kilometres S/E of metro Melbourne, population 6,526 swelling to circa 25,000+ over summer
+ Potential 50% stamp duty savings
+ Estimated Net Income $65,031pa
Property Details