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4 Springvale Road (Corner Wells Road)
Aspendale Gardens VIC 3195
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Sold on 27 Feb 2013

4 Springvale Road (Corner Wells Road) Aspendale Gardens VIC 3195

  • Hotel, Motel, Pub & Leisure
  • 675 m²
  • Sold

Springvale Road – Super Site New 10 year lease

New 10 + 7 + 7 year lease.
Fixed annual 3.5% reviews.
Busy main road site of 3,488m2* with 95 on site car spaces.
Road frontage and exposure of 73 metres*.
Significant land area with 25% approx site coverage (building).
Versatile and immaculate 675m2* building with popular alfresco dining and room for expansion.
Taxation saving depreciation.
Growth corridor locale close to Mornington Peninsula Freeway and amongst Dan Murphy’s, McDonalds, KFC, Mitre 10 etc.
Income: $260,000 pa*

*Approx.

Interstate bidding is available by prior arrangement

To be auctioned as part of Burgess Rawson Investment Portfolio Auction 74
11AM (AEDT)
27th February 2013
River Room Crown Casino
Southbank, Melbourne

AUCTION

Auction date and time27/02/2013 11:00
Auction locationCrown Casino Melbourne

Property Highlights

Date Sold27 Feb 2013
Floor Area675 m²
Land Area3,488 m²
ParkingOn street parking
Property ID2010262147
Category
Last updated  28 Feb 2013
Map for 4 Springvale Road (Corner Wells Road) Aspendale Gardens VIC 3195

Property Highlights

Date Sold27 Feb 2013
Floor Area675 m²
Land Area3,488 m²
ParkingOn street parking
Property ID2010262147
Category
Last updated  28 Feb 2013

Listed by

Burgess Rawson VIC Pty Ltd
Call
03 9613 0400

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