ENTRY-LEVEL INVESTMENT

Property listing ID: 4021996

Floor area
28m²
Price / method
For Sale $295,000 Plus GST (if any)

Look no further, this 28m² (approximately) retail shop is currently leased to a massage therapist, generating $24,870 per annum plus GST gross rent ($18,990.44 per annum plus GST net) for a 3-year term starting from 20 March 2023, with one right of renewal for an additional 3 years. Situated on level 1 of Mid City Arcade, the premises enjoy a diverse mix of tenancies, including fashion, beauty, eateries, and is anchored by City Fitness Gym. Access to the building is available via both Queen Street and Elliott Street. KEY FEATURES: • 28m² (approximately) retail shop • Annual rent of $24,870 plus GST gross • Part of the bustling Mid City Arcade • Affordable price

Listed by Barfoot & Thompson , Jane Tang (City Commercial)