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1097-1105 Mount Alexander Road
Essendon VIC 3040
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Sold on 8 Nov 2019

1097-1105 Mount Alexander Road Essendon VIC 3040

  • Shop & Retail
  • 518 m²
  • Sold

MORE THAN A CENTURY IN THE MAKING! 736SQM* FREESTANDING CORNER INCLUDING 5 TIGHTLY HELD RETAIL SHOPS

  • Corner landholding of 736sqm*
  • 100% leased to four (4) separate tenants
  • Signage (billboard) opportunities (STCA)

+ Irreplaceable corner landholding of 736sqm* with dominant exposure to Mt Alexander & Lincoln Roads

+ A tightly held retail property that has been fully leased for over 30 years

+ 100% leased to four (4) separate tenants including café institution & longstanding tenant of 50+ years Essendon Hairstylists

+ Providing a diverse annual income of $233,564* + GST + Outgoings (after land tax) from four (4) separate tenancies plus an additional ANZ ATM

+ Positioned at the entrance to the low vacancy (less than 1%) North Essendon Village, serviced by free car parking and inlet access off the heavily trafficked Mt Alexander Road

+ With over 28,000^ cars passing daily, Essendon Corner provides unparalleled signage (billboard) opportunities (STCA)

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

*approx
Source^ Vicroads

Property Highlights

Date Sold8 Nov 2019
Floor Area518 m²
Land Area736 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231983
Category
Last updated  2 Dec 2021
Map for 1097-1105 Mount Alexander Road Essendon VIC 3040

Property Highlights

Date Sold8 Nov 2019
Floor Area518 m²
Land Area736 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231983
Category
Last updated  2 Dec 2021

Listed by

Jing Jun Heng
Jing Jun Heng
CBRE
Call
0411 059 116

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