FIRST CLASS INVESTMENT - TWO BUILDINGS- WITH UPSIDE - Total land area 873m2 approx. (17.9m frontage x 49.2m length)
- Total building area 696m2 approx.
- Two Blue Chip tenants, 2 buildings on one title
- Combined annual rental approx. $222,150 + GST + Outgoings
- Future development potential
- Rear laneway access via Francis & Dixon Streets
- Zoning: C1Z & GRZ12
Tenancy 1: Bayford Group Pty Ltd
- Lease term: 9 years commenced 14/11/2012 (ending 31/08/2021)
- Rental as of 14/11/2016 $146,232 p/a + GST + Outgoings
- 4% annual increases
Tenancy 2: Pack & Send
- Lease term: 3 x 3 x 3 commenced 28/08/2010 (ending 27/08/2019)
Armadale's Hottest Corner, 4 Off The Plan Retail Shops
- Outstanding location, corner of High St & Kooyong Rd
- 4 still available and 2 already sold
- Floor Area: 165 m2 - 260 m2 (approx.)
- Great opportunity for owner occupier or investment
- Huge stamp duty saving available
Superbly located in the sought after High Street Armadale Retail Precinct and it is also located in the new commercial 1 Zone which removes permit requirements for many different uses. It is proximity to a full range of complimentary retail, entertainment and community facilities.
Contact Warren on 0403 242 887 or Wendell on 0403 051 949 for more information.
Vibrant Food precinct In Melbourne's Ever popular Chapel Street Building Area: 116m (Approx.)
• Ideally suited to Food business operators such as Caf, Restaurant / Wine Bar
• Grease trap available to premises including Air exhaust duct, Rare to find on Chapel Street
• Jarrah hardwood flooring throughout
• Reverse Cycle air-conditioning
• Modern Bifold Glass front doors
• 150 Amps power available to premises
• Enclosed and secure parking at rear
• Security system
Shop And Dwelling Currently leased to popular Korean/American fusion restaurant ‘The More The Better’, this tasty offering presents a exceptional opportunity to those investors with a strong appetite for satiating their property portfolios. With a net rental return of approximately $55,000 per annum & a 5 x 5-year lease that commenced 1 April 2013, the premises comprise of a two-storey building with a shop/restaurant, commercial kitchen, restroom & a five-room dwelling that can be configured as a residence or home office set-up. A ROW car space at the rear is accessed via St Georges Road. The property enjoys a...
Fantastic Retail/Office opportunity in the Heart of Prahran - Convenient located close to Prahran Train Station and Chapel Street trams - Modern space of 40m2 approx. offering high level amenity - Meters to prestigious Chapel Street shopping precinct - One (1) allocated carpark - Suitable for a variety of businesses such as specialty retail, studio and office (STCA)
BRAND NEW FULLY LEASED RESTAURANT - NEXT TO CLASSIC CINEMA ELSTERNWICK Due for completion at the end of 2016, this retail tenancy is leased to the successful 48H-Pizza and Gnocchi Bar on a long term lease. The premises include a 3,000lt grease trap, ventilation and storage.
Located next to the popular Classic Cinemas and bustling Glenhuntly Road retail precinct, the development includes 48 luxury one and two bedroom apartments.
The lease commences on 1 February 2017 and extends for 5 years plus options for a further 10 years. Fixed 2.5% rent increases and good security further compliments this investment opportunity.