57E Wolverton Street, Avondale

Sold April 2022

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79m² Floor Area

EXCELLENT ENTRY LEVEL INVESTMENT


Offered for sale for the first time in 22 years, an affordable entry level investment opportunity not to be missed!

Well established popular Olympic Bakery & Cafe has been in this location since 2005. The long-term tenant's current lease term has been extended to 30 June 2029. Current annual net rental is $30,000 plus GST.

The subject property is well located and has a great frontage profile onto Wolverton Street, Avondale. It is one of 12 single level, mixed retail and industrial units which were constructed in 1983.

The unit is approximately 79m² and comes with two car parks. The premises has its own water meter, toilet amenities, roller door at the rear, and a new roof.

Please contact the sole agent for further information or viewing arrangements.

KEY FEATURES:
  • Excellent small investment
  • Well-proven tenant with long lease
  • Excellent front profile
  • Freehold unit including two car parks
  • New roof

Property details

Location:
57E Wolverton Street, Avondale
Property ID:
87847

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