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5 & 6/255 Dorset Road Boronia VIC 3155

  • Retail
  • Floor Size86 m²
  • PriceFor Sale, $285,000 - $300,000 plus GST if applicable

Ideal for the Investor with Development Potential S.T.C.A.

This retail investment is located in the heart of Boronia Central "Railway Arcade" between the railway station and Dorset Road.
These two retail shops are listed on one title, one has a tenant with a 2 year lease plus a 2 + 2 years option that commenced in December 2017 with a current nett annual rental of $10,335.60 and 3.5% annual increases. The other shop is secured by a new 2 year lease plus a 2 + 2 year option that will commence from the 31/07/2019 with a nett annual rental of $9,468 and 2.5% annual increases.
These shops are within the Boronia activity centre possible development potential S.T.C.A.
For further information or to inspect call John Katselas on 0411 110 997

Property Highlights

Property ID2014986887
Floor Area86 m²
Land Area86 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  2 May 2019
Map for 5 & 6/255 Dorset Road Boronia VIC 3155
Abley Real Estate Pty Ltd
Shop 12, Mountain Gate Shopping Centre Cnr Burwood Hwy & Ferntree Gully Rd Ferntree Gully VIC 3156

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