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290 - 294 Clayton Road
Clayton VIC 3168
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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
CVA Property Consultants Pty Ltd
CVA Property Consultants Pty Ltd
18-20 Russell Street
Melbourne, VIC 3000

Property Highlights

Date Sold20 Aug 2021
Floor Area350 m²
Land Area697 m²
ParkingAsk Agent
Property ID2017156572
Category
Last updated  20 Aug 2021
Map for 290 - 294 Clayton Road Clayton VIC 3168

Nearest transport* to 290 - 294 Clayton Road Clayton VIC 3168

Bus
Train
Clayton SC/Clayton Rd (Clayton)46 m
Clayton SC/Clayton Rd (Clayton)46 m
Clayton Station/Clayton Rd (Clayton)80 m
Clayton Railway Station (Clayton)115 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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CVA Property Consultants Pty Ltd
CVA Property Consultants Pty Ltd
18-20 Russell Street
Melbourne, VIC 3000

Property Highlights

Date Sold20 Aug 2021
Floor Area350 m²
Land Area697 m²
ParkingAsk Agent
Property ID2017156572
Category
Last updated  20 Aug 2021

Co-Agents

John Nockles
John Nockles
CVA Property Consultants Pty Ltd
Call
0404 530 393
Daniel Philip
Daniel Philip
CVA Property Consultants Pty Ltd
Call
0439 977 121

More about 290 - 294 Clayton Road Clayton VIC 3168

290 - 294 Clayton Road Clayton VIC 3168 is categorized as Shop & Retail Property. It has a floor area of 350 m² and a land area of 697 m². The listing ID for this property is 2017156572.

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