284-286A Blackburn Road Doncaster East VIC 3109

Stonebridge Property Group is pleased to present for sale 284-286A Blackburn Road, Doncaster East.

- 100% leased to a high-quality mix of 'essential service' tenants including Newsagency, Restaurant, Grocer & Butcher

- Providing annual income of $152,859* + GST + Outgoings

- A significant 659 sqm* landholding, favourable zoning, precedent for future height and 51 m* of combined corner frontage provides strong foundations for future medium density development

- An existing subdivision (4 separate titles) allows the flexibility to 'sell down' the property, each title benefits from allocated car parking (total of 10 on-title car parks)

- Located ~16 km east of the Melbourne CBD, within the tightly held Donburn Shopping Village

- Donburn Shopping Village boasts an impeccably low retail vacancy rate (currently 0%), highlighting strong tenant demand and rental growth possibilities

- A mix of hospitality, medical and service tenants make up the village which benefits from free parking, accessed via a convenient service lane from the heavily trafficked Blackburn Road

- Tenants within the village benefit from direct exposure to 24,000* vehicles passing daily and are strategically positioned on favourable raised landholdings - further strengthening business visibility

*Approximately

284-286A Blackburn Road, Doncaster East is for sale by Public On-site Auction Thursday 18th November 2021 at 12.30pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:

Nic Hage
0448 782 594

Rorey James
0439 400 081

Kevin Tong
0422 848 818

Property Code: 332