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27 Portman Street
Oakleigh VIC 3166
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Sold on 1 Mar 2024

27 Portman Street Oakleigh VIC 3166

  • Shop & Retail
  • 170 m²
  • Sold

TROPHY INVESTMENT!

    Crabtrees Real Estate are excited to offer 27 Portman Street, Oakleigh for Sale via Expressions of Interest closing Wednesday 28th February at 3pm.

    This trophy investment is securely leased to iconic tenant Nikos Quality Cakes Pty Ltd on one of Oakleigh's best corners. The property comprises a highly exposed corner two (2) level retail/office building.

    TENANCY DETAILS:
    + Leased to iconic tenant Nikos Quality Cakes Pty Ltd
    + Returning $93,362.40 per annum plus GST & Outgoings as of 1st March 2024
    + Six (6) year lease from 1st March 2021 with one (1) further term of six (6) years
    + Annual CPI increases

    KEY FEATURES:
    + Total building area: 170 sqm
    + Rendered, full glass & aluminium façade
    + Polished concrete floor
    + High quality internal fit out
    + Outstanding exposure being on the corner of Eaton Mall & Portman Street
    + Rare opportunity for investors to secure a landmark retail investment with one of Melbourne's most recognisable addresses

    Crabtrees Real Estate is built on history, reputation and expertise.

    We offer a level of knowledge others can't match.

    Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

    EXPRESSION OF INTEREST

    Closing date and time28/02/2024 12:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent

    Property Highlights

    Date Sold1 Mar 2024
    Floor Area170 m²
    Land Area94 m²
    ParkingAsk Agent
    Property ID2019013134
    Category
    Last updated  4 Mar 2024
    Map for 27 Portman Street Oakleigh VIC 3166

    Property Highlights

    Date Sold1 Mar 2024
    Floor Area170 m²
    Land Area94 m²
    ParkingAsk Agent
    Property ID2019013134
    Category
    Last updated  4 Mar 2024

    Co-Agents

    Chris McKenzie
    Crabtrees Real Estate Oakleigh
    Call
    0418 321 065
    Pana Kritikos
    Crabtrees Real Estate Oakleigh
    Call
    0418 358 700

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