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Sold on 20 Aug 2021

290 - 294 Clayton Road Clayton VIC 3168

  • Shop & Retail
  • 350 m²
  • Sold

AS LUCK WOULD HAVE IT - A PRIME FREEHOLD INVESTMENT ON CLAYTON ROAD.

    POINT OF INTEREST:

    Public Auction: Date to be confirmed.

    They say real estate is all about location - and with three retail shops fully leased on the one freehold title, it’s never been truer. Situated in the prime Clayton Road retail precinct you can expect $161,577.48 per annum net in rental income and future residential development upside due to its 697 sqm* land size and rear laneway access.

    Just 120 m* from Clayton railway station, the area is easily accessed by Clayton, Dandenong and Centre Roads, but the traffic that really stands out is the one by foot. It’s one of the busiest areas in the suburb, as the locals like to keep it just that - local. The area also features a notoriously low vacancy rate - read: security and reliability.

    Points worth mentioning:
    - Three retail stores on one freehold title.
    - Fully leased to three tenants. 
    - Combined rental income of $161,577.48 per annum net.
    - Combined Security Bond of $44,932.74.
    - 15 m* frontage to Clayton Road
    - 350 sqm* total building area.
    - 697 sqm* land area.
    - Commercial 1 zoning.
    - 12 on-site car parks at the rear.
    - Suitable for future mixed use residential development.
    - Access to 3 sides of natural light for development (front, rear and side common pathway access).
    - Rear laneway access.
    - 120 m* to Clayton railway station.
    - 5.9 km* to the Monash Freeway.

    POINT OF VIEW:

    Some say it’s lucky for three shops in Clayton’s prime retail precinct to become available for purchase. We believe you make your own luck. 

    *Approx.
    Pricing excludes GST

    AUCTION

    Auction date and time27/08/2021 12:00
    Auction location290 - 294 Clayton Road, Clayton VIC
    John Nockles
    CVA Property Consultants Pty Ltd
    John Nockles
    CVA Property Consultants Pty Ltd
    Daniel Philip
    CVA Property Consultants Pty Ltd
    Daniel Philip
    CVA Property Consultants Pty Ltd

    Property Highlights

    Property ID2017156572
    Date Sold20 Aug 2021
    Floor Area350 m²
    Land Area697 m²
    ParkingAsk Agent
    Category
    Last updated  20 Aug 2021
    Map for 290 - 294 Clayton Road Clayton VIC 3168
    Map for 290 - 294 Clayton Road Clayton VIC 3168290 - 294 Clayton Road Clayton VIC 3168
    John Nockles
    CVA Property Consultants Pty Ltd
    John Nockles
    CVA Property Consultants Pty Ltd
    Daniel Philip
    CVA Property Consultants Pty Ltd
    Daniel Philip
    CVA Property Consultants Pty Ltd

    Property Highlights

    Property ID2017156572
    Date Sold20 Aug 2021
    Floor Area350 m²
    Land Area697 m²
    ParkingAsk Agent
    Category
    Last updated  20 Aug 2021
    CVA Property Consultants Pty Ltd
    18-20 Russell Street Melbourne VIC 3000
    John Nockles
    CVA Property Consultants Pty Ltd
    John Nockles
    CVA Property Consultants Pty Ltd
    Daniel Philip
    CVA Property Consultants Pty Ltd
    Daniel Philip
    CVA Property Consultants Pty Ltd
    John Nockles

    John Nockles

    CVA Property Consultants Pty Ltd

    Daniel Philip

    Daniel Philip

    CVA Property Consultants Pty Ltd

    0404 *** ***
    0404 530 393

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