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2 Shops To Be Sold In One Line | Entry Level

2A-2B Ramsey Boulevard , Inverloch VIC

Property Highlights

Proven Tenancies
Established Tenants on New Leases
Position Perfect Beside Esplanade Hotel

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
360 SQM
Building Area
264 SQM

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