PRIME RETAIL INVESTMENT WITH LONGSTANDING TENANT

Teska Carson is pleased to present 51 Hamilton Place, Mount Waverley via public auction on Friday 10th May at 12noon on-site. A rarely offered opportunity to invest in this highly regarded strip boasting a high percentage of long standing tenants and little to no vacancy.    - Income: $52,440 per annum (additional CPI increase July 2024) - 5 x 5 x 5 x 5 year lease commenced 2022 - Long standing tenancy having been in Mount Waverley since 1963 and trading at 51 Hamilton Place for almost 30 years - Zoning: Commercial 1 - Rear access with parking on title - Build Area: 77sqm - Land Area: 134sqm Hamilton Place is incredibly low vacancy retail precinct surrounded by national retailers including IGA, Woolworths, Chemist Warehouse, CBA and ANZ and provides over 500 free council car parks and direct access to Mount Waverley Train Station. Please call for further information or to organise an inspection.