26 Hampton Road, Essendon West

Retail

Bank the Current Rental Income, and Plan a Future Development
Jason Commercial is pleased to offer for sale to the public market: 26 Hampton Road, Essendon West.

A rare opportunity to secure an excellent retail/dwelling investment in a prominent, and affordable local retail strip. This asset presents a great opportunity to the savvy investor; to bank the existing rental income and value add in the future with development (STCA).

KEY FEATURES INCLUDE:
* Land area: 227 m2 (approx)
* Building area: 190 m2 (approx)
* Rear laneway access
* Commercial 1 zone

LEASE DETAILS:
* Net rental: $27,552 p/a
* 100% of all outgoings paid by tenant
* 2 Year lease commencing 1st January 2023
* 2 further options of 2 years each to renew
* Annual rent increases at 4% fixed and Lease options at Market Value

Please note: all prices quoted are GST exclusive.

All enquiries must include full first name & surname, mobile number and email address.

For further information regarding this property, please contact below agent/s

Leo Kikyris
0408 365 860
leo@jasonrealestate.com.au

Joseph Sassine
0419 332 839
joseph@jasonrealestate.com.au
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