Key features:
- Freehold 380sqm (more or less) site with 336sqm (approximately) building
- Returning $102,304pa + GST net per annum with 2.5% fixed annual increases
- Long-term lease to First National Real Estate through to 2038
- Recently upgraded with a new roof, reducing near-term capital expenditure
- Business - Town Centre zoning within a well-established, high-activity location
Positioned in the heart of One Tree Hill, 7-9 Campbell Road presents a well-located freehold opportunity.
The property comprises a 380sqm (more or less) freehold site, improved by a 336sqm (approximately) single-level building. It is currently leased to First National Real Estate Limited, providing secure, long-term income with lease rights extending through to 2038.
The asset offers a reliable income stream with built-in growth. Recent improvements, including a new roof, further enhance the property and minimise near-term capital expenditure.
The property benefits from flexible planning controls, allowing for a range of future uses including retail, commercial, or potential intensification over time.