San Marco by the Sea, Strong Leases in an Unbeatable Location

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San Marco of Mount Martha

Cameron is proud to present two of Mount Martha’s truly iconic blue chip commercial properties. Investment opportunities of this nature and quality are seldom seen.
San Marco occupies Mount Martha Village’s prime corner block with maximum exposure to the Esplanade, Watsons Road and Lochiel Avenue.
Comprising of two properties to be sold separately, take one or both for an investment that will grow before your eyes.
The buildings are currently leased to established, high profile Mount Martha tenants with details as follows:

4/42 Lochiel Avenue – Bonaccorde
– Returning $89,720pa + GST + outgoings as at July 2018
– Total lettable area of 73sqm
– Long term lease with options
– 4% Annual rental increases
– Secured with bond & Directors guarantees

4A/42 Lochiel Avenue – Mr Curtis
– Returning $68,334pa + GST + outgoings as at July 2018
-Total lettable area of 115sqm
– 5x5x5x5 year Lease
– 4% Annual rental increases
-Secured with bond & Directors guarantees

Investments that excite come few and far between, don’t miss out on an opportunity to own San Marco.