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190-198 Wellington Road
Clayton VIC 3168
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Sold on 11 Nov 2021

190-198 Wellington Road Clayton VIC 3168

  • Shop & Retail
  • 135 m²
  • Sold

Blue-Chip Essential Service Investment with Future Upside

Securely leased to 2026 plus 4 x 5 year options to 2046.
EG Group: Top-tier international fuel and convenience retailer with over 6,000 locations globally and one of Australia's largest retailers with over 540 EG Group/Woolworths Petrol sites nationally.*
Commanding 2,473 sqm corner site with 96 metre frontage.
High underlying land value and favourable 5-level development precedent.
Strategically positioned on Wellington Road, an important main arterial road servicing an average of over 44,000 vehicles per day with direct access to Monash Freeway.**
Monash University (48,889 students), the new $564million Heart Hospital, IKEA and McDonalds all within 1km.***
The City of Monash is Melbourne's largest employment hub outside of CBD.***
Surrounded by important social infrastructure, including 17 schools within 3km servicing a combined 11,687 full-time students.****
Located in the heart of the Monash National Employment and Innovation Cluster (MNEIC) and Monash Smart Manufacturing Hub which will support 95,000 jobs.****
Precinct set to benefit from the new $800 million M-City project, the largest mixed-use development in Melbourne with 624 apartments, 250 bed international hotel, retail complex and office space.*****
Clayton: booming south eastern suburb 23km from Melbourne CBD with forecast 36% population growth by 2041.******
Astute essential service investment.
Net Rent: $223,463 pa + GST

To be sold by Investment Portfolio Auction:
11.15am AEDT, Thursday 11 November

*EG Group
**Gapmaps
***City of Monash
****Monash University & Monash Health
*****Schiavello
******forecast.id

*All areas and figuresapproxonly. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

AUCTION

Auction date and time11/11/2021 11:15
Auction location190-198 Wellington Road, Clayton VIC
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold11 Nov 2021
Floor Area135 m²
Land Area2,473 m²
ParkingAsk Agent
Property ID2017304494
Category
Last updated  15 Nov 2021
Map for 190-198 Wellington Road Clayton VIC 3168

Nearest transport* to 190-198 Wellington Road Clayton VIC 3168

Bus
Train
Garden Rd/Wellington Rd (Clayton)51 m
Henderson Rd/Wellington Rd (Clayton)96 m
Nantilla Rd/Wellington Rd (Clayton)189 m
Nantilla Rd/Wellington Rd (Clayton)276 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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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold11 Nov 2021
Floor Area135 m²
Land Area2,473 m²
ParkingAsk Agent
Property ID2017304494
Category
Last updated  15 Nov 2021

Co-Agents

Billy Holderhead
Billy Holderhead
Burgess Rawson VIC Pty Ltd
Call
0422 817 696
Zomart He
Zomart He
Burgess Rawson VIC Pty Ltd
Call
0488 220 830
Jamie Perlinger
Jamie Perlinger
Burgess Rawson VIC Pty Ltd
Call
0413 860 315

More about 190-198 Wellington Road Clayton VIC 3168

190-198 Wellington Road Clayton VIC 3168 is categorized as Shop & Retail Property. It has a floor area of 135 m² and a land area of 2,473 m². The listing ID for this property is 2017304494.

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