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11 Were Street
Montmorency VIC 3094
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11 Were Street Montmorency VIC 3094

  • Shop & Retail
  • 210 m²
  • Commercial Auction

A FIT INVESTMENT IN MONTY VILLAGE

  • 5 year lease
  • Established operator
  • High exposure location

Gross Waddell ICR is pleased to offer to the market via auction this outstanding retail investment located in the heart of Montmorency's thriving Monty Village precinct.

Property highlights include:

Superbly positioned retail investment leased to a well-established gym

5-year lease with two further 5-year options

Current rent: $68,842* p.a. plus GST

3% fixed annual increases, market review at option(s)

Substantial landholding of 238 sqm* with dual street frontages

Large double fronted shop of 210 sqm* offering excellent exposure to Were Street

Positioned within the tightly held "Monty Village" and surrounded by popular cafes, specialty stores and high foot traffic

Moments from Montmorency Primary School, Foodworks and Montmorency Train Station

This is a rare chance to own a low-maintenance, income-producing commercial asset in one of the northeast's most tightly held retail strips.

11 Were Street, Montmorency is offered for sale via Public Onsite Auction on Thursday 26th June 2025 at 12:00pm.

Should you have any questions or would like to arrange an inspection, please contact Gross Waddell ICR directly.

*Approx.

Auction date and time26/06/2025 12:00
Auction location11 Were Street, Montmorency VIC
Gross Waddell ICR Pty Ltd
Gross Waddell ICR Pty Ltd
Level 1/30 Collins St
Melbourne, VIC 3000

Property Highlights

Floor Area210 m²
Land Area238 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2020021241
Category
Last updated  28 May 2025
Map for 11 Were Street Montmorency VIC 3094

Nearest transport* to 11 Were Street Montmorency VIC 3094

Bus
Train
Were St/Rattray Rd (Montmorency)45 m
Were St/Rattray Rd (Montmorency)55 m
Beattie St/Rattray Rd (Montmorency)151 m
Rattray Rd/Looker Rd (Montmorency)423 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Gross Waddell ICR Pty Ltd
Gross Waddell ICR Pty Ltd
Level 1/30 Collins St
Melbourne, VIC 3000

Property Highlights

Floor Area210 m²
Land Area238 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2020021241
Category
Last updated  28 May 2025

Co-Agents

Andrew Greenway
Gross Waddell ICR Pty Ltd
Call
0409 547 626
Alex Ham
Alex Ham
Gross Waddell ICR Pty Ltd
Call
0410 545 226

More about 11 Were Street Montmorency VIC 3094

11 Were Street Montmorency VIC 3094 is categorized as Shop & Retail Property. It has a floor area of 210 m² and a land area of 238 m². The listing ID for this property is 2020021241.

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