17 Targo Street

    Positioned in the heart of the CBD is this freehold commercial building divided into 2 tenancies with strong lease on shop 1 and shop 2 with a new tenant and a 12 month lease, both shops with ample off-street parking for staff.

    Surrounded by a diverse mix of businesses, the premises lend itself to any type of future occupants with great traffic flow and instant exposure from all other surrounding well known and established businesses.

    Property Details:

    Total Current Rent: $55,409 P/A + GST + 74.5% of Rates

    Shop 1 Rent: $43,969 P/A + GST + 74.5% of Rates
    Shop 2 Rent: $11,440 P/A + GST

    Shop 1 Lease Term: 3 Years
    Shop 1 Lease Commencement Date: April 1st 2018
    Shop 1 Lease Expiry Date: March 31st 2021
    Shop 1 Lease Option: 1 x 2 Years commencing April 1st 2021

    Shop 2 Lease Term: 1 Year
    Shop 1 Lease Commencement Date: December 3rd 2018
    Shop 1 Lease Expiry Date: December 2nd 2019
    Shop 1 Lease Option: 2 x 2 Years

    Out Goings paid by Lessor except 74.5% of Rates paid by Shop 1

    Land Area: 503m2

    Shop 1 Area: 156m2* + 7 designated car Parks
    Shop 2 Area: 54m2* + 2 designated car parks

    Rates: $4,146.34 per Year
    Insurance: $798 P/A


    For more information or to organize your personal inspection, call or email us today!!

    The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.

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    Property Summary

    Property ID: 19814225

    Agent Details

    Agent Name: Scott Mackey Agent Mobile: 0409 051 929 Agent Phone: 0419728911 Agent Email: Click to Email

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