TENANTED INVESTMENT IN BLACK ROCK'S RETAIL HEART

RWC Glen Waverley is proud to offer you a chance to invest in the tightly held retail centre of Black Rock with a tidy 57m2 retail space currently leased and operating as "Bonjour Nails and Beauty". A shop of this size, with so much foot traffic, access to parking and established, drawcard neighbours is a guaranteed hit, likely to be leased quickly in the event of a vacancy. The purchaser will also have the chance for a market rental review within 12 months to ensure the asset is performing to their standard.

Wedged in the middle of the action, 2/2 Ebden Avenue is bookended by 7Eleven and shares the precinct with Black Drop, Woolworths, Family Life and several other popular eateries and services within 200m not to mention Black Rock Beach at the edge of town.

Key details:
• 57m2 floor space
• Current rent $36,205.92 per annum plus outgoings
• Leased to "Bonjour Nails and Beauty"
• 3 year lease from 06/05/2024
• Two further options of 3 years
• 2% annual increases
• Market review at commencement of option May 2027
• Commercial 1 Zone
• 1 car space

For a copy of the IM, an inspection or further information, please contact one of our agents today

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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