Shops 1 & 2 /481 Keilor Road, NIDDRIE VIC 3042
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- 19 Oct 2016
Metro Retail Investment within Tightly Held Strip
Securely leased to national tenants - Tabcorp (ASX 100 company, in occupation since 2005) & St Vincent de Paul Society (over 627 Vinnies stores nationally).
Attractive lease terms with fixed annual rent increases and tenants paying usual outgoings.
Extensive refurbished 905 sqm building plus rear access and customer car parking on title.
Large landholding with extensive dual street frontage provides excellent future development and/or subdivision potential STCA.
Premium Commercial 1 Zoning.
Strategic position amongst supporting retail, public transport at the shop front, within desirable and rapidly evolving Keilor Road retail precinct.
Net Rent: $189,745 pa (Dec 2016).
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Shops 1 & 2 /481 Keilor Road NIDDRIE