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Secure Retail

7 - 8/112 James Street Templestowe, VIC 3106

A great opportunity for an investor to secure a retail shop within the heart of Templestowe.

The property is located on the upper retail level adjoining IGA Supermarket and occupies approximately 153 square metres with the first floor fronting James Street.

The property is currently leased to the South African Food Store and returning a net rental of $71,394 p.a. inclusive of GST on a 3 + 3 year term having commenced in August 2017.

Features:

– Prime Retail Investment

– Established 20 year Tenant

– Dual Frontage with Great Exposure

– Building Area: 153 sqm approximately

– 3 Year Lease Term with Further Option

– Ample Car Parking

– Thriving Area within Templestowe Village

Supporting retailers within Templestowe Village include Bakers Delight, IGA Supermarket, Australia Post, Bendigo Bank, Degani’s Bakery CafĂ© etc.

For further information, please contact the Commercial Team

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