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Shop 9 & 1/520-528 Mount Dandenong Road
Kilsyth VIC 3137
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Sold on 27 Nov 2014

Shop 9 & 1/520-528 Mount Dandenong Road Kilsyth VIC 3137

  • Shop & Retail
  • Sold

Strategic Metro Bank Investment

Renewed lease plus options to 2022.
Annual fixed 3.5% rent increases.
Significant 173 sqm building, 2 shops 1 Title.
CBA: Australia's largest ASX company with a market cap of $120 Billion (as at 30/09/2014).
Prominent retail position within tightly held shopping centre, anchored by Coles Supermarket.
Single tenanted minimum management investment.
Tenant pays all usual outgoings including Land Tax.
Rent: $74,588 pa (as at January 2015).

NB: Shop 11, is not apart of this sale and is owned by another Vendor.

Property Highlights

Date Sold27 Nov 2014
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011479501
Category
Last updated  15 Aug 2016
Map for Shop 9 & 1/520-528 Mount Dandenong Road Kilsyth VIC 3137

Property Highlights

Date Sold27 Nov 2014
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011479501
Category
Last updated  15 Aug 2016
Level 20, 150 Lonsdale Street Melbourne VIC 3000

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