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Sold on 29 Nov 2013

272 Stephensons Road Mount Waverley VIC 3149

  • Retail
  • 153 m²
  • Sold


GormanKelly are pleased to offer 272 Stephensons Road, Mount Waverley for sale via auction, scheduled for Thursday 28th November at 12 noon.

This rare offering provides investors and/or future developers with the opportunity to secure a well leased retail property located in an absolute prime trading position along a vibrant and buzzing retail strip.

We believe the most outstanding aspects of this property include:

* Leased to Apptech Pty Ltd an Authorised Apple Reseller
* 3+3+3 year lease commenced October 2012
* Returning $41,600 net per annum plus outgoings and GST
* Retail premises of 153m²
* Onsite parking, access via R.O.W. laneway and council car park at rear
* Secure investment with development potential
* Land area 210m² / Zoned Commercial 1
* Central position in main shopping strip, situated amongst national retailers including Safeway, IGA, Kmart Tyre & Auto, Australia Post, NAB, to name a few.

272 Stephensons Road, Mount Waverley is located on the eastern side of Stephensons Road between Virginia Street and Winbourne Road with the closest major intersection being that of Stephensons Road and Waverley Road.

The property is located approximately 20km* south-east of the Melbourne CBD within the municipality of the Monash City Council. Stephensons Road is a major thoroughfare that runs from Burwood to Mount Waverley.
Neighbours include CBA, Safeway, NAB, Ritchie's IGA, Retravision Betta Electrical, Subway and Dominos.


Auction date and time28/11/2013 12:00
Auction locationAsk Agent

Property Highlights

Property ID2010792154
Date Sold29 Nov 2013
Floor Area153 m²
Land AreaAsk Agent
ParkingAsk Agent
Last updated  29 Oct 2013
Map for 272 Stephensons Road Mount Waverley VIC 3149
Level 1, 1 Oxley Road Hawthorn VIC 3122

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