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Glendale
20 Clare Street
Building Size475sqm
Investment | Long Standing Tenant
UNDER CONTRACT

Opportunities like this are rare-an investment asset anchored by a tenant of over 25 years rarely comes to market.

Positioned in the heart of Glendale, the property enjoys excellent exposure and consistent passing traffic, surrounded by well-known businesses including Red Rooster, NIB, and Shell.

The building offers a versatile layout comprising showroom space, office accommodation, and two workshop bays, catering perfectly to the tenant's operational needs.

Generating a strong net income of $112,072 + GST per annum, the property is securely leased until 2028, with a further three (3) x three (3) year options. The tenant is responsible for 100% of outgoings, providing a true set-and-forget investment.

This property is being offered for sale as part of a partnership wind-up, presenting a genuine opportunity to secure a tightly held asset

Location

Moving up, down, across, bigger, better...

At the end of the day, it's really all about you. How can we make the best possible experience for you, your property, your lifestyle, your business? That's why we're here. That's what we do, and we have the team and the insights to make that happen.