Medium shopping center for sale (Already invested in early 2014)

Located in south-east suburb, 40 km to CBD in a mature and prosperous neighborhood. This shopping center includes 89 shops, long-term tenant includes Coles Supermarket, ANZ Bank and Commonwealth Bank. Annual net profit from rent will be around 3.2 million. And net income will be 2.382 million per year. 

Land size: approx 38,000 sqm

This shopping center has the potential to redevelopment.  

Price: $40 M+, negotiable, please summit purchase intent