27 Marine Pde Hastings VIC 3915

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  • 27 Marine Parade Hastings WEB

For Sale $1,200,000 by Expression of Interest 31 Jan 3pm - Commercial, Shop
306 m2 3 Garages
 
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Secured Lease, waterfront and 6% yield

  • Shop & Retail
  • 306 m²
  • Expressions of Interest
  • Secured long term lease
  • 6% yield
  •  Poplar restaurant business

EXPRESSION OF INTEREST DUE 31 JAN 2025 3pm

ARM REAL ESTATE is delighted to offer 27 Marine Pde Hastings:

– Secured five (5) years lease to Nov 2029 + One (1) further options of five (5) years;
– Fixed 2% annual rent increase;
– Tenant pays 100% building outgoings except land tax;
– Experienced and long term tenant trading a Korean Restaurant business;
– secured basement parking space x 3;
– Water frontage with Lot of FREE council parking spaces;
– Very close to heart of Hasting High street with all major retailers such as Coles and Kmart;
– Commercial Zone 1 (CZ1) provided a upside further investment or developments;
– Estimated average rental income  during the term $75,801 pa + GST.

Inspection by appointment and contact Ricky 0430 822 612.

Agent Ricky Chan

  • Office : 0472 768 606
  • Mobile : 0430 822 612

Ricky is the director and office in effective control of ARM Real Estate & Business. Ricky has been successfully selling…
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