What a wonderful opportunity this auction represents.
The offering of such a large commercial freehold in this tightly held, and popular Sorrento township rarely arises, so for the astute investor/developer this property should not be missed.
Zoned Commercial 1, there is huge potential to re-develop this property in the future and maximise the value of the site.
Currently leased, with 2 years remaining ( lease commenced 28th October, 2016 ) and a further 3 year option available.
Rental $61,000.00 per annum + GST + Outgoings.