As an investment, or to owner occupy, The Village Centre on Springfield offers unprecedented opportunity as the first new retail/commercial development in Potts Point for three decades. Industry leading premium grocer Harris Farm has leapt at the chance to secure 1000sqm of floor space, ensuring Rich interest in the remaining 17 retail spaces. Rental Lease For Investors If required, the developer, the Hayson Group of Companies, will sell any of the shops with a 5 year lease plus a 5 year option from Springfield Avenue Management Services Pty Ltd (a Hayson Group affiliated company) as the tenant. This arrangement will mean that a pre-completion investor purchaser has rental income from the day of settlement to cover any gap that might occur before a trading tenant commences operation. Springfield Avenue Management Services Pty Ltd will have the right to sublease or assign to a trading tenant. The lease will be included with the contract for sale to be approved by the purchaser’s solicitor. The commencement rent paid by Springfield Avenue Management Services Pty Ltd will not be less than 6% net based on the purchase price of any of the shops.