Outstanding Retail Investment with Upside in Prized Location!
- Building: 165m²
Invest or Develop (STCA) - The Choice is Yours!
Ray White Commercial Oakleigh is delighted to offer for sale by way of public auction this outstanding stand-alone retail investment property. Located in one of Melbourne's fastest growing south-eastern suburbs of Clayton, this property will provide one lucky purchaser with the unique option to invest now and develop in the future (STCA).
Situated directly opposite the recently transformed Clayton train station and only minutes from Monash University and Monash Hospital, this location is unbeatable.
Auction: Friday 8th December 2017 at 2:00pm, On-site.
Open For Inspection: Friday 24th November & 1st December from 2:00 - 2:30pm.
Property Features Include:
- Total Land Area: 207m2 (approx)
- Total Building Area: 165m2 (approx)
- Leased to Duncan's Bottle Shop
- Current Rental: $31,357 per annum + GST + Outgoings
- Term: Five (5) year term - Commenced 1st January 2014
- Further Term: One (1) further term of five (5) years each
- Increases: CPI annual increases with market review at option
- Outstanding Location Undergoing Major Transformation
- Commercial 1 Zone (C1Z)
For further information or to arrange an on-site inspection please contact one of the exclusive marketing agents:
Paul Rizzo - 0418 688 888
Joshua Colosimo - 0413 790 309
Retail, Offices, Medical/Consulting