38 Douglas Parade, Williamstown

At this address is a unit on a parcel in 2/PS707497 Williamstown VIC. In the local government area Hobsons Bay, featuring 0 bedrooms, 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
174 m2
Building size
110 m2
Council area
Hobsons Bay
Year built
n/a
Lot plan
2/PS707497 Williamstown VIC
House type
Business: Retail Trade



HISTORY

Last sold 29/01/2013
$1,200,000



LISTING DESCRIPTION
as of January 2013

PRIME RETAIL INVESTMENT DIRECTLY OPPOSITE COLES Exceptional Opportunity to Acquire Affordable Freehold in the Retail Heart of Williamstown??? Land Area: 182sqm approx with two street frontages, including 5.5m frontage to Douglas Parade and rear access off Cox's Garden??? Building Area: single level 110sqm approx shop with on site car parking and future development potential (STCA)??? Tenancy Details:-Current Rent: $45,188 pa + GST-Term: 5 x 5 x 5 years-Note: Significant rental growth potential-Reviews: Annual 4% with market at option-Outgoings paid by tenant??? Long standing established tenant??? Zoned Business 1??? Absolute prime position opposite Coles Supermarket