Under Offer
Located at 16 Rothbury St, Bald Hills, this entry-level retail investment presents an excellent opportunity for investors seeking a secure, income-generating asset. The property is currently leased to two well-established tenants, Friendly Grocer and Hair Sensations, ensuring a steady rental return. Positioned in a convenient and easily accessible location, this investment offers strong local foot traffic and long-term growth potential.
Key Features:
- Net return of $16,207 approx. Per Annum + GST
- Friendly Grocer on a 5 year lease expiring June 2028
- Hair Sensations on a 3 year lease expiring July 2027
- Currently under rented and provides an excellent opportunity for rental reversion at market reviews
- Great local catchment with captive audience to surrounding residents and local school located within walking distance