Shop 4 / 56-58 Kialla Lakes Drive, KIALLA VIC 3631
Affordable Investment Opportunity
Located in the heart of Kialla Lakes is this 129 sqm (approx.) modern premise and is an ideal opportunity to start off or add to your existing portfolio. Currently leased until January 2030 plus one further option of 5 years, the property offers excellent street appeal with dual entrances, excellent exposure looking over the park land, and plenty of free parking. The premise is located in a great family estate amongst four other long term businesses, and the complex is situated adjacent to Shepparton Retirement Village.
Rent: $21,275.00 per annum.
Increases: CPI increases annually and market review at the end of each term.
Outgoings: Tenant pays all outgoings.
Lease: 5 year lease ending 31st January 2030, plus one further options of 5 years.
Outgoings paid by tenant:
24/25 Council Rates $3015.00 (approx.)
GV Water $600 approx. per annum
Body Corporate $3520.00 per annum (paid quarterly)