Hard to Find - Entry Level Colombo St Investment

210 Colombo Street located on the corner of Colombo St & Roxbourgh St, this property is well positioned of heart of Sydenham with excellent exposure to both vehicular and foot traffic.
This property has long been operating as a Hair Salon, now available to purchase with a tenant in place on a lease until 6th 2022 with 2 renewals of 3 years each.
A great opportunity to purchase for any investor a hands free low maintenance investment sector where the tenant pays the rates, insurance and OPEX.
- 3 + 3 lease commerce from Aug 2019
- Established tenant
- Free hold title (240m2 more or less)
- Standalone corner building
- Rental = $30,431.44 pa plus GST & OPEX
- Deed of assignment & 2010 EQC cash settlement of $12,846.22 will be handed to the new purchaser.
My owner is committed to another business opportunity & this must be sold.
Call now, short notice Deadline sale closes 4pm 19th Dec, 2019.

Download Information Pack:

Read More Read Less

Main Property Features

Listing Number: RD7501

Approx Floor Area:
100 sqm
Land Size:
240 sqm
Property Type:
Other (Tenanted investment)
Approx Floor Area
  • Retail Square Metres: 100
Property Details:
Tenanted Investment
Fee Simple
Read More Read Less

Licensed REAA 2008

Your enquiry has been sent. Thank you.

Harcourts Redwood

Gold Real Estate Group Ltd

Licensed REAA 2008

280 Main North Road
View office details

Property Location