8 Lightwood Road,Springvale
Nestled among established local businesses, this property offers unbeatable potential for investors.
Key Highlights:
- Location: Centrally located in Springvale CBD, directly across from the new Springvale Train Station.
- Current Lease: Tenanted with a rental income of $46,800 per annum, with an annual increase of 3%, plus outgoings.
- Lease Details: o Commenced: 10/01/2024 o Term: 3 years o Further Term: 1 x 3 years
- Business Type: Fusion Palace Thai Malay Burmese Restaurant.
- Land Area: Approx. 158m2 with rear access.
- Future Potential: Opportunities for further development (subject to council approval).
- This is a fantastic opportunity to secure a prime commercial property in a high-growth area. Don't miss out!
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Terms: 10% deposit - Balance: 30/45/60 days
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0403 010 8480403 010 848
0433 768 1510433 768 151