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Dual Tenancy - Long Term Investment

Rosedale, 1A/331 Rosedale Road

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Listing Number: NSC26286
About this listing
The ultimate long term investment with two tenants, this property returns a net rental of $80,790.00 plus GST. Leased to an established and popular cafe plus a small office tenancy this property includes 14 car parks.

The Cafe (Tenancy 1):
The cafe is the hospitality and business hub of this successful and sought after Office Park (8 two level office buildings), conveniently situated at the intersection of Bush and Rosedale Road. Enjoying road-front exposure you can't miss this place - easily identified by the vintage orange Vespa scooter outside. Comprising approx 129sqm with a lovely north facing outdoor patio.
- Rental: $60,670.00 + gst p.a.
- 8 year term with 2 rights of renewal of 8 years.

The Office (Tanancy 2):
Seperate entrace on groundfloor, functional space with its own self-contained amenities, with a floor area of 58sqm approx.
- Rental: $17,000.00 + gst p.a
- 3 year term with 3 rights of renewal of 2 years.

Additional car parks:
2 covered car parks are leased to neighbouring businesses at $3,120.00 + gst p.a.

The perfect addition to your to investment portfolio! Call NAI Harcourts today for further information.
Property Information
  • Approx Floor Area: 187 sqm
  • Tenure: Unit Title
  • Parking: Carparks: 14, Covered Carparks: 10, Uncovered: 4
  • Property Type: Retail
  • Approx Floor Area
    • Office Square Metres: 58
    • Retail Square Metres: 129
  • Legal details
    • Body corp fee $: 5997.98

Contact Details

Property Location

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