Leedwell Property are pleased to bring to market, a portfolio of commercial properties in the affluent suburb of Tusmore. Tusmore benefits from a median house price (REA Group, YTD April 2024) of $2,045,000 further underpinning the value of the even scarcer commercial holdings in the area. Properties included for sale in this portfolio are 457 Greenhill Road, Tusmore, 467 & 469 Greenhill Road, Tusmore and 105 Tusmore Avenue, Tusmore. Highlights include:
457 Greenhill Road, Tusmore
- Passive leased investment
- Two tenants in Magain Scarce Real Estate and Property Inspections Australia
- 610sqm* land area
- Fantastic main road frontage and presence
- Two tenancies comprising a total building area of 306sqm GLA
- Local Activity Centre zone
- Net Rental $117,290pa*
- Net lease structures
467 & 469 Greenhill Road, Tusmore
- Two individual units of 60sqm and 68sqm
- Leased to Poolwerx (467) and Hoi Ann Inn (469)
- 128sqm NLA total
- Net rental of $48,112pa*
- Both leases reviewed by CPI annually
- Net lease structures
105 Tusmore Avenue, Tusmore
- Extensive land area of 1,140sqm*
- Character consulting space with exceptional presentation
- Suits owner occupier and investor
- Associated car parking onsite
- Holding net income of $49,123pa*
- Potential for vacant possession from Oct-24
- Local Activity Centre zone
The four investment properties are offered for genuine sale via an Expressions of Interest campaign closing Thursday 26th September 2024 @ 4pm. Expressions of Interest may be submitted separately for the respective properties, a combination of the properties or for all four properties in one line.
* = approx
Remember to mention you found this property on DevelopmentReady
Leedwell Property are pleased to bring to market, a portfolio of commercial properties in the affluent suburb of Tusmore. Tusmore benefits from a median house price (REA Group, YTD April 2024) of $2,045,000 further underpinning the value of the even scarcer commercial holdings in the area. Properties included for sale in this portfolio are 457 Greenhill Road, Tusmore, 467 & 469 Greenhill Road, Tusmore and 105 Tusmore Avenue, Tusmore. Highlights include:
457 Greenhill Road, Tusmore
- Passive leased investment
- Two tenants in Magain Scarce Real Estate and Property Inspections Australia
- 610sqm* land area
- Fantastic main road frontage and presence
- Two tenancies comprising a total building area of 306sqm GLA
- Local Activity Centre zone
- Net Rental $117,290pa*
- Net lease structures
467 & 469 Greenhill Road, Tusmore
- Two individual units of 60sqm and 68sqm
- Leased to Poolwerx (467) and Hoi Ann Inn (469)
- 128sqm NLA total
- Net rental of $48,112pa*
- Both leases reviewed by CPI annually
- Net lease structures
105 Tusmore Avenue, Tusmore
- Extensive land area of 1,140sqm*
- Character consulting space with exceptional presentation
- Suits owner occupier and investor
- Associated car parking onsite
- Holding net income of $49,123pa*
- Potential for vacant possession from Oct-24
- Local Activity Centre zone
The four investment properties are offered for genuine sale via an Expressions of Interest campaign closing Thursday 26th September 2024 @ 4pm. Expressions of Interest may be submitted separately for the respective properties, a combination of the properties or for all four properties in one line.
* = approx
Remember to mention you found this property on DevelopmentReady