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397 Keilor Road
Niddrie VIC 3042
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Sold on 21 Mar 2019

397 Keilor Road Niddrie VIC 3042

  • Shop & Retail
  • 228 m²
  • Sold, $1,500,000

A Bankable Investment!

Situated in the heart of Keilor Road, the two storey solid brick retail investment currently leased to Qudos Bank features a generous ground floor layout with open plan offices, 3 glass partitioned offices and ducted cooling. The secure internal stair access leads to the first floor and comprises an additional mixture of open plan and partitioned offices, staff amenities and kitchenette. The property further benefits from rear ROW access, lock-up garage and tandem parking for up to 6 vehicles.

Investment Summary;

- Tenant: Qudos Mutual Ltd

- Return: $68,640.00 per annum net

- Term: Five (5) years + Five (5) years

- Commencement: 29th July 2017

- Reviews: Annual 4%

Property Summary:

- Total building area: 190m2*

- Total land area: 228m2*

- Rear ROW access

- On-site parking for 6 vehicles

- Commercial 1 Zone

Centrally positioned with the tram services at its doorstep, the property is within walking distance to Niddrie Central Shopping Centre anchored by Woolworths, 7-Eleven, My Chemist and a host of local cafe's and restaurants along this busy retail strip. The property also provides convenient access to the Tullamarine Freeway and its associated linkages to other major arterials and Essendon Fields which are within 1.8km* of the site.

CVA Property Consultants are pleased to offer 397 Keilor Road, Niddrie for Public Auction on Thursday 21st March 2019 at 12pm on-site.

For further information please contact CVA Property Consultants.

** STRICTLY NO INSPECTIONS ON AUCTION DAY **

*Approx

Pricing excludes GST.

AUCTION

Auction date and time21/03/2019 12:00
Auction location397 Keilor Road, Niddrie VIC

Property Highlights

Date Sold21 Mar 2019
Sold Price$1,500,000
Floor AreaAsk Agent
Land Area228 m²
ParkingAsk Agent
Property ID2014957626
Category
Last updated  21 Mar 2019
Map for 397 Keilor Road Niddrie VIC 3042

Property Highlights

Date Sold21 Mar 2019
Sold Price$1,500,000
Floor AreaAsk Agent
Land Area228 m²
ParkingAsk Agent
Property ID2014957626
Category
Last updated  21 Mar 2019

Listed by

Craig McKellar
Craig McKellar
CVA Property Consultants Pty Ltd
Call
0431 892 780

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