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Sold on 26 Oct 2018

19 Portman St Oakleigh VIC 3166

  • Retail
  • 210 m²
  • Sold

OWNER SAYS SELL!! - ICONIC FREEHOLD RETAIL INVESTMENT IN THE HEART OF OAKLEIGH

Ray White Commercial Victoria is delighted to offer for sale by Public Auction this fantastic retail investment property located in the heart of Oakleigh's retail shopping district and next to Oakleigh Market.

The current Tenant has been trading from this property for close to 30 years and has recently signed a Brand New lease with further options. The property itself has been trading as a Delicatessen / Continental butcher for nearly 80 years which is sure to comfort any investor looking to add this blue-chip investment to their commercial property portfolio.

• Total building area 210m2 approx
• Total land area 172m2 approx
• Rental return | $85,000 per annum + GST + Outgoings
• Brand New three (3) year lease commencing 30th October 2018
• Three (3) further options of three (3) years
• Future development potential (STCA)
• Fixed 3% annual increases
• Commercial 1 Zoning (C1Z)

Paul Rizzo - 0418 688 888
Theo Karkanis - 0431 391 035

AUCTION

Auction date and time26/10/2018 11:00
Auction location19 Portman St, Oakleigh VIC

Property Highlights

Property ID2014656505
Date Sold26 Oct 2018
Floor Area210 m²
Land Area172 m²
ParkingAsk Agent
Category
Last updated  28 Oct 2018
Map for 19 Portman St Oakleigh VIC 3166
Ray White Oakleigh Commercial
Level 1, 7-9 Atherton Road Oakleigh VIC 3166

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