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895 Mountain Highway
Bayswater VIC 3153
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Sold on 22 Nov 2013

895 Mountain Highway Bayswater VIC 3153

  • Other
  • 130 m²
  • Sold, $900,000

Lower Capital & High Return

Believe it or not approx. 12% return, a rare opportunity for the astute investor with a secure long lease (into third year of 5 year plus option 5+5+5) current rental of $133,620.00 P/A with 3% annual increase. Secure licensed tenant and the business have been at the same address for over 25 years.

Approx. 986.66m2 land with excellent street frontage to Mountain Highway - one of major arterial roads with approx. 27,000 cars passing daily. Call for further confidential information.

Property Highlights

Date Sold22 Nov 2013
Sold Price$900,000
Floor Area130 m²
Land Area987 m²
Parking7 x Onsite parkings
Property ID2010783900
Category
Last updated  29 Jan 2014
Map for 895 Mountain Highway Bayswater VIC 3153

Property Highlights

Date Sold22 Nov 2013
Sold Price$900,000
Floor Area130 m²
Land Area987 m²
Parking7 x Onsite parkings
Property ID2010783900
Category
Last updated  29 Jan 2014
G02, 8 Ellingworth Parade, Box Hill VIC 3128

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