20 Lurline Street Cranbourne, 3977 VIC

COMMERCIAL INVESTMENT – ESTABLISHED MILK BAR TENANT

20 Lurline Street, Cranbourne VIC 3977
An excellent opportunity to secure an established commercial investment in a vibrant Cranbourne shopping strip.Currently leased to an operating milk bar, this property offers investors an existing rental income stream with a long-term lease structure in place.
PROPERTY FEATURES
• Building area: 143m² approx.
• Land area: 185m² approx.
• Commercial 1 Zone (C1Z)
• Currently leased as a milk bar
• Current 5 + 5 year lease commencing March 2025
• Rental income: $1,850 per calendar month plus GST and outgoings
• Kitchenette and toilet facilities
• Private car parking at the rear
• Situated in a vibrant shopping strip
INVESTMENT HIGHLIGHTS
Established Tenant | Secure Lease Structure | Prime Retail Location
Returning $22,200 per annum plus GST and outgoings, this property presents an opportunity for investors seeking an established commercial investment in Cranbourne.
With an existing tenant, a long-term lease structure and a convenient rear car park, this property is well worth considering for investors looking to add to their commercial property portfolio.
Enquire today for further information and lease details.

For Sale $469,000

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Inspection of this property is available strictly by arrangement only.

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