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DESCRIPTION:Prime Commercial Opportunity with Development Upside\nSecure Te
 lecommunications Income\, Vacant Factory and Development Upside\n\nAn outs
 tanding opportunity to secure a substantial commercial holding in one of R
 osebud's most established and tightly held commercial precincts.\n\nThe pr
 operty benefits from two established telecommunications leases to major na
 tional operators\, providing a combined passing income of approximately $3
 3\,060. per annum + outgoings.\n\n\nThe site is (929m2) further improved b
 y a substantial factory building (circa 390m2) configured as two separate 
 occupiable spaces. These areas were previously leased separately and gener
 ated a combined rental of approximately $57\,600 per annum + GST + Outgoin
 gs\, highlighting the property's potential to accommodate multiple busines
 ses and generate diversified income.\n\nOffered with the factory spaces cu
 rrently vacant\, the property provides flexibility for an owner-occupier\,
  investor or developer to reposition\, occupy or re-lease the improvements
  according to their requirements.\n\nKey Investment Features:\n* Establish
 ed leases to Telstra and Optus\n* Combined telecommunications income of ap
 proximately $33\,060. per annum\n* Major factory improvement divided into 
 two separate spaces\n* Factory spaces previously leased separately for a c
 ombined $57\,600 per annum\n* Flexible owner-occupier or investment opport
 unity\n* Potential for multiple income streams\n* Substantial commercial l
 andholding\n* Potential for a future development of up to four storeys\, s
 ubject to council approval\n* Strategic position within Rosebud's expandin
 g commercial precinct\n* Close to Total Tools\, ALDI\, Woolworths\, Coles\
 , Dan Murphy's and First Choice Liquor\n\nThe combination of secure teleco
 mmunications income\, versatile vacant improvements and longer-term develo
 pment potential makes 2 First Avenue\, Rosebud an attractive proposition f
 or investors\, owner-occupiers and developers seeking exposure to the cont
 inued growth of the Southern Mornington Peninsula.\n\nSecure the income to
 day\, unlock the improvements and position for the future.\n\nNB:All incom
 e figures and property information are approximate and should be independe
 ntly verified. Prospective purchasers should refer to the Contract of Sale
  and Section 32 Vendor Statement and undertake their own enquiries regardi
 ng leases\, planning controls and development potential.
DTEND:20261016T140000
DTSTAMP:20260910T061551Z
DTSTART:20261016T130000
LOCATION:2 First Avenue\, Rosebud VIC
SEQUENCE:0
SUMMARY:Auction: 2 First Avenue\, Rosebud VIC
UID:CRE-2019862548-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Prime Commercial Opportunity with Dev
 elopment Upside <br/> Secure Telecommunications Income\, Vacant Factory an
 d Development Upside <br/>  <br/> An outstanding opportunity to secure a s
 ubstantial commercial holding in one of Rosebud's most established and tig
 htly held commercial precincts. <br/>  <br/> The property benefits from tw
 o established telecommunications leases to major national operators\, prov
 iding a combined passing income of approximately $33\,060. per annum + out
 goings. <br/>  <br/>  <br/> The site is (929m2) further improved by a subs
 tantial factory building (circa 390m2) configured as two separate occupiab
 le spaces. These areas were previously leased separately and generated a c
 ombined rental of approximately $57\,600 per annum + GST + Outgoings\, hig
 hlighting the property's potential to accommodate multiple businesses and 
 generate diversified income. <br/>  <br/> Offered with the factory spaces 
 currently vacant\, the property provides flexibility for an owner-occupier
 \, investor or developer to reposition\, occupy or re-lease the improvemen
 ts according to their requirements. <br/>  <br/> Key Investment Features: 
 <br/> * Established leases to Telstra and Optus <br/> * Combined telecommu
 nications income of approximately $33\,060. per annum <br/> * Major factor
 y improvement divided into two separate spaces <br/> * Factory spaces prev
 iously leased separately for a combined $57\,600 per annum <br/> * Flexibl
 e owner-occupier or investment opportunity <br/> * Potential for multiple 
 income streams <br/> * Substantial commercial landholding <br/> * Potentia
 l for a future development of up to four storeys\, subject to council appr
 oval <br/> * Strategic position within Rosebud's expanding commercial prec
 inct <br/> * Close to Total Tools\, ALDI\, Woolworths\, Coles\, Dan Murphy
 's and First Choice Liquor <br/>  <br/> The combination of secure telecomm
 unications income\, versatile vacant improvements and longer-term developm
 ent potential makes 2 First Avenue\, Rosebud an attractive proposition for
  investors\, owner-occupiers and developers seeking exposure to the contin
 ued growth of the Southern Mornington Peninsula. <br/>  <br/> Secure the i
 ncome today\, unlock the improvements and position for the future. <br/>  
 <br/> NB:All income figures and property information are approximate and s
 hould be independently verified. Prospective purchasers should refer to th
 e Contract of Sale and Section 32 Vendor Statement and undertake their own
  enquiries regarding leases\, planning controls and development potential.
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