Text Box: LAND AREA:            FREEHOLD 357m2                   FLOOR AREA:       Approx 200m2
ZONING:                   COMMERCIAL                        RATES:                     $1624.34 NETT/ANNUM
 
 
Located in the central business area of Pittsworth with rear access available via easement.
 
PREMISES BUILT:    1995
CURRENT USE:         Divided into 2 retail outlets
 
LESSEE 1:                   Travel Agency
Current Lease:            Commenced 01/07/2010 and expires 30/06/2012
Term:                            2 years
Options:                        Further 2 years
Income:                         $10,164.00/annum ($847.00/mth exc GST)
Conditions:                   Tenant has installed and maintains air conditioning at own cost.
 
LESSEE 2:                   Hair & Beauty Salon
Current Lease:            Commenced 30/01/2011 and expires 29/01/2014
Term:                            3 years
Option:
Income:                        $7,476.48/annum ($623.04/mth exc GST)
Conditions:                  Rent review dates as agreed 31st March annually.
                                      Tenant responsible for water charges in excess of the 1st tier.
                                      Both tenants are responsible for the mowing at the premises.
 
PRICE:                         $350,000.00 plus GST if applicable

NB.  The Seller and/or his Agent do not give warranty as to errors or omissions, if any, in these particulars which they believed to be accurate when compiled.  Prospective Buyers should satisfy themselves by inspection or otherwise as to the accuracy of the particulars.

90 Yandilla Street, Pittsworth