GormanKelly are pleased to offer 272 Stephensons Road, Mount Waverley for sale via auction, scheduled for Thursday 28th November at 12 noon.
This rare offering provides investors and/or future developers with the opportunity to secure a well leased retail property located in an absolute prime trading position along a vibrant and buzzing retail strip.
We believe the most outstanding aspects of this property include:
* Leased to Apptech Pty Ltd an Authorised Apple Reseller
* 3+3+3 year lease commenced October 2012
* Returning $41,600 net per annum plus outgoings and GST
* Retail premises of 153m²
* Onsite parking, access via R.O.W. laneway and council car park at rear
* Secure investment with development potential
* Land area 210m² / Zoned Commercial 1
* Central position in main shopping strip, situated amongst national retailers including Safeway, IGA, Kmart Tyre & Auto, Australia Post, NAB, to name a few.
272 Stephensons Road, Mount Waverley is located on the eastern side of Stephensons Road between Virginia Street and Winbourne Road with the closest major intersection being that of Stephensons Road and Waverley Road.
The property is located approximately 20km* south-east of the Melbourne CBD within the municipality of the Monash City Council. Stephensons Road is a major thoroughfare that runs from Burwood to Mount Waverley.
Neighbours include CBA, Safeway, NAB, Ritchie's IGA, Retravision Betta Electrical, Subway and Dominos.
