DISTINCT
Positioned in a high-exposure location along Mulgrave Road, this single-level retail shop presents an outstanding investment opportunity. With a secure tenant in place and a generous floor area of over 110m², 1/494 Mulgrave Road offers both immediate returns and long-term potential. The property features excellent street presence, customer convenience with ample on-site and off-street parking, and a central location surrounded by established businesses.
THE FACTS
* Single-level commercial premises
* High-visibility location on Mulgrave Road
* Internal bathroom facilities
* Off-street customer and tenant parking
* No body corporate levies, insurance split between lots
* Floor area: Approx. 110m²
* Built: Approx. 1994
* Current Rent: $35,400 p.a + GST and all outgoings
* Lease in place until 30th October 2025
* Rates: Approx. $4,668 / year
