1/20-22 Old Dandenong Road Oakleigh South VIC 3167
- 93 m²
- For Sale, $690,000 - $720,000
Delicious Retail Investment With Upside (STCA)
Ray White Commercial Oakleigh is delighted to present to one lucky purchaser this fantastic retail investment opportunity currently leased to a long running and established bakery while also offering future development potential (STCA).
Offering an opportunity not to be missed and located in one of Melbourne's most in demand south-eastern pockets, this single level free-hold building currently trading as the Continental Bakehouse and cafe since January 2004 is the perfect addition to your investment portfolio.
- Total building area 93m2 approx.
- Total land area 138m2 approx.
- 5 + 5 Year lease commenced 15/01/2019
- Returning $32,000 p/a + GST + Outgoings
- Fixed 3% annual increases
- 3 Phase power
- Two (2) Car spaces on rear
- Commercial 1 Zone (C1Z)
George Kelepouris - 0425 798 677
Theo Karkanis - 0431 391 035
|Floor Area||93 m²|
|Land Area||138 m²|
|Annual Return||Ask Agent|
|Last updated||9 Jul 2019|