This is a unit on a parcel in 7/LP10601 Boronia VIC. The local government is Knox, with 0 bedrooms and 0 bathrooms.
Invest Now, Develop Later (STCA) Expression of Interest closing Thursday 24th March at 2.00pm (Unless Sold Prior)- Located near the heart of the Boronia within walking distance to the train station- Surrounded by new development- Zoning: General Residential Zone - Schedule 1 under the City of Knox- Large corner site: 1,219sqm (approx)- Large corner block ideal for redevelopment (STCA)- Leased to The Smile Clinic who have been operating the dentist surgery since 1974- Lease: $42,500 per annum + GST + Outgoings- Term: 5 Years + 5 years- Increases: 3% annuallyThis is a fantastic opportunity to secure a solid investment with an extremely secure tenant with the upside of redevelopment in the future. (STCA)