Located in the main shopping precinct of Portland, being Percy Street, and directly across the road from the Post Office, this building offers you not only a prime location but a long term and very successful tenant.
Part of 4 separate shop fronts, this is the pick of the bunch with a 6.5m frontage and a total building area of 135.9 sqm.
There is rear access to the property, kitchenette and security system.
The current lease agreement is month by month at $1,300 per month and all outgoings are paid by the tenant showing a net yield of 8.43%
The tenant is willing to negotiate new lease terms.
Call Nikki Hudson of Hudson Property Agents for more information today!