3B/47-53 Plenty Road
Preston VIC 3072
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Sold on 17 Sep 2024
3B/47-53 Plenty Road Preston VIC 3072
- Shop & Retail
- 103 m²
- Sold
ESTABLISHED RESTAURANT WITH LONG LEASE
- LONG LEASE
- HIGH EXPOSURE POSITION
- PURCHASE AS A GOING CONCERN
This long-established, high exposure restaurant on Plenty Road Preston offers prospective investors a long term income stream with a solid return of circa 5%.
The Opportunity
- Building area 103* sqm
- Current rental return $37,800 net
- Fixed 5 per cent annual rent increases
- 5 year lease commencing June 2023
- Option for a further 5
Property Highlights
| Date Sold | 17 Sep 2024 |
|---|---|
| Floor Area | 103 m² |
| Land Area | Ask Agent |
| Parking | 2 x Onsite parkings |
| Property ID | 2019322626 |
| Category | |
| Last updated | 2 Oct 2024 |
Map for 3B/47-53 Plenty Road Preston VIC 3072
Nearest transport* to 3B/47-53 Plenty Road Preston VIC 3072
Property Highlights
| Date Sold | 17 Sep 2024 |
|---|---|
| Floor Area | 103 m² |
| Land Area | Ask Agent |
| Parking | 2 x Onsite parkings |
| Property ID | 2019322626 |
| Category | |
| Last updated | 2 Oct 2024 |
Co-Agents
Ray White Preston
Ray White Preston
More about 3B/47-53 Plenty Road Preston VIC 3072
3b/47-53 Plenty Road Preston VIC 3072 is categorized as Shop & Retail Property. It has a floor area of 103 m². There are 2 x onsite parkings.The listing ID for this property is 2019322626.
