Savills is delighted to offer for sale this magnificent retail investment in an incredibly highly sought after retail location at 86-90 Main Street, Greensborough. This super prime property has the benefit of abundant future development upside, with nearby height precedent set for mixed use projects of up to 7 levels. The key attributes of this fantastic property include:
- Three adjoining fully leased shops with longstanding tenants
- Total building area of 350sq m* + 10 car parks
- Prominent retail frontage to Main Street plus rear access
- Current Net Rental: $130,240 per annum*
- Fixed rental growth and net leases
- Significant landholding of 682sq m*
- Highly sought after Activity Centre Zone 1
- Incredible future development potential, with approved mixed-use projects in Main Street of up to 7 levels
- Superbly situated within the heart of the Greensborough retail precinct, surrounded by blue-chip tenants and opposite the major Greensborough Plaza Shopping Centre
- Easy walking distance to Greensborough Train Station plus an abundance of bus services
- The perfect retail investment and land banking opportunity in one of Melbourne's most active retail hot-spots!
86-90 Main Street, Greensborough is For Private Sale.
For further information, please contact:
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655