$880,000

Freehold Property-3 Leased Shops and a Telecommunications Building With Plenty Of Upside

Right in the heart of a busy hub in the popular Booval suburb and situated only a couple of hundred metres one way to the Booval Railway Station and a couple of hundred metres the other way to the Booval Fair Shopping Centre. There are also plenty of other national tenants in this area showing how popular this position actually is.

Consisting of three brick shops on the main road (all leased) and a national telecommunications building (on a long lease), on the back boundary the property still has plenty of space left to maybe increase the floor lease area. (ICC approvals naturally required).

The shops have good street appeal and along with the parcel of land are neat and tidy and there is also plenty of foot traffic here for businesses to ply their trade.
The property currently returns a very pleasant touch over 7% net at the listed price.