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Bakery Food/Hospitality Business

76 Hemmings Street DANDENONG, VIC 3175

Sold on 15 Nov 2010
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    Bakery Food/Hospitality Business in DANDENONG

    "Business For Sale - Bakery" SHOP and LAND WITH LONG TERM TENANT!

      Get yourself a smart investment with this building plus land on busy Hemmings Street shopping strip now for sale. With a land size of 234sqm on title and a building floor area of 88sqm there is potential to extend down the track (S.T.C.A).

      Leased to long term tenants operating a bakery since 2007 you can rest assured of having an immediate income from your investment. Terms of the lease are rental of $17,823.12 p.a with increases of 3.1% annually ending 2012. There are a further 3 x five year options after this.

      Within close proximity to Dandenong CBD and with a growing population nearby due to housing development it is an ideal place to invest. Call today for your personal inspection.