Current tenant is paying from only $40/m2 net on old lease

- Rare Investment with massive rent increase upside
- Rent from only $40/m2.a year for the old lease, in the process of reviewing to the
market as soon as the lease is expired
- Strategic location with massive exposure on top of the crest of the hill at Hillcrest
- Opposite to Coles Distribution Centre and close to Woolworth's distribution centre
- Building area 10,712m2 on 4.1 acres of prime land
- The zoning has been upgraded to "Mixed Commercial."
- The current zoning allows for any retail, commercial and industrial tenancies except
Childcare Centre
- Net return $1,038,133 per year on a fully leased basis
- 2 years rental guarantee for the vacant shops, which just happened recently
- It was fully leased not long ago
- Price to sell now