319 Stephensons Road Mount Waverley VIC 3149

Shop & Retail
156 m²
Sold

Sit Down. Relax. Invest.

GormanKelly is pleased to offer 319 Stephensons Road, Mount Waverley for Sale.

The premises comprises of a retail shop approx 156m leased to Great Eastern Hakka on a five year lease. We understand that the property has a land area of 209m approx and is zoned Business 1 (City of Monash).

The retail space offers a large open-plan seating area, bar, kitchen facilities and toilet amenities. Plenty of parking both at front and rear of property.

This property provides any investor with the opportunity to secure a soughtafter freehold property within a prominent shopping hub.

Currently returning $51,877.92 net per annum plus outgoings and GST - with next scheduled review for 31st December, 2011 of which rent will increase to $53,953.12 net per annum plus outgoings and GST.

Positioned on the western side of Stephensons Road forming part of the Mount Waverley shopping strip. All local services & necessities with walking distance of each other.
Neighbours include Safeway, Ritchie's IGA, Retravision Betta Electrical, Subway, Domino's and Pizza Hut.

319 Stephensons Road is approx 20 kilometres south-east of the Melbourne CBD.

View the brochure by going to: http://www.gormankelly.com.au/site/DefaultSite/filesystem/documents/Brochure319StephensonsRoad.pdf