1057 Riversdale Road

Surrey Hills VIC 3127

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Sold on 22 Nov 2021

1057 Riversdale Road Surrey Hills VIC 3127

Shop & Retail
110 m²
Sold, $962,500

Shop & Dwelling Opposite Parklands!

Building Area: 110 sqm approx

Land Area: 300 sqm approx (6.1m x 50m)

Comprising: Shop leased as Milkbar
3 Bedroom dwelling
Kitchen
Bathroom
Rear Carpark

Zoned Commercial 1

Located in prestigious Surrey Hills opposite Wattle Park with a median 3 bedroom house price of $1,740,000.

Ideal for the astute investor or future renovation/re-development (s.t.c.a.) offering excellent rear access.

Currently Leased until August 2022 on a Five (5) Year lease that commenced 29/08/2017 with no further options.

Rent: $33,100.08 per annum increasing to $34,093.00 in August 2021.

Outgoings 100% payable by tenant.

Additional Income from the sign on the side of the building returning $2,052.88 per annum

Total building income $35,152.96 per annum increasing to $36,145.88 per annum in August 2021.

Steveway Real Estate

235B Church Street

Richmond, VIC 3121

Property Highlights

Date Sold	22 Nov 2021
Sold Price	$962,500
Floor Area	110 m²
Land Area	300 m²
Parking	On site parking available
Property ID	2016860838
Category	Shop & Retail
Last updated	26 Nov 2021

Map for 1057 Riversdale Road Surrey Hills VIC 3127

Nearest transport* to 1057 Riversdale Road Surrey Hills VIC 3127

Bus

Train

Tram

Wattle Park/Elgar Rd (Burwood)	367 m
Wattle Park/Elgar Rd (Box Hill)	405 m
Elgar Rd/Riversdale Rd (Surrey Hills)	451 m
Elgar Rd/Riversdale Rd (Surrey Hills)	464 m

*Within a 4km radius

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Steveway Real Estate

235B Church Street

Richmond, VIC 3121

Property Highlights

Date Sold	22 Nov 2021
Sold Price	$962,500
Floor Area	110 m²
Land Area	300 m²
Parking	On site parking available
Property ID	2016860838
Category	Shop & Retail
Last updated	26 Nov 2021

Co-Agents

Steven Pantelios

Steveway Real Estate

Call

0417 311 006

Andrew Kolovos

Steveway Real Estate

Call

0402090922

More about 1057 Riversdale Road Surrey Hills VIC 3127

1057 Riversdale Road Surrey Hills VIC 3127 is categorized as Shop & Retail Property. It has a floor area of 110 m² and a land area of 300 m². The listing ID for this property is 2016860838.