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Sold on 15 Apr 2021

25/132 Keys Road Cheltenham VIC 3192

  • Shop & Retail
  • 88 m²
  • Sold

The Key Ingredient For Any Investor.

    POINT OF INTEREST:

    Expressions Of Interest Closing 15th April 2021 at 2pm.

    Built to service Modus Business Estate that comprises of 25 units, this 88 sqm* retail space is home to Bambam Deli, who have developed a cult following. Beyond their array of 5-star Google reviews online, with people proclaiming to come from as far as the outer Western Suburbs, they provide a healthy rental income just shy of $40,000 per annum. A set and forget investment for the owner, whilst being a memorable eatery for all who come in.

    Located just 170 m* off Warrigal Road and surrounded by dozens of major retailers including Bunnings, Sydney Tools, Fantastic Furniture and more, the traffic going past this property from the ever-busy Keys Road will ensure there’s always a foot in the door.

    - Building area of 88 sqm*.
    - Currently tenanted by Bambam Deli.
    - Current rental income of $39,181.08 P.A Net.
    - Current term of eight years (commenced 15/01/2018).
    - Further term of eight years.
    - Security bond of $20,625.
    - 4% annual increases.
    - Three car spaces.

    POINT OF VIEW:

    In a city known for great coffee, 75 5-star Google reviews on this tenant proves Melburnians consider them worth it. And 39,181 reasons why they’ll be your favourite local.

    *Approx.
    Pricing excludes GST

    Property Highlights

    Property ID2016877336
    Date Sold15 Apr 2021
    Floor Area88 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  16 Apr 2021
    Map for 25/132 Keys Road Cheltenham VIC 3192
    Map for 25/132 Keys Road Cheltenham VIC 319225/132 Keys Road Cheltenham VIC 3192
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016877336
    Date Sold15 Apr 2021
    Floor Area88 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  16 Apr 2021
    CVA Property Consultants Pty Ltd
    18-20 Russell Street Melbourne VIC 3000

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