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6/73-75 Canadian Bay Road
Mount Eliza VIC 3930
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Sold on 28 Jul 2021

6/73-75 Canadian Bay Road Mount Eliza VIC 3930

  • Shop & Retail
  • 65 m²
  • Sold, $870,000

Great Investment Opportunity Returning Over 5%

** INSPECTIONS MUST FOLLOW MANDATORY COVID GUIDELINES **
Inspections strictly via pre arranged private appointment, Max 10 people (1 per 4sqm), no flu like symptoms or contact with known COVID cases, QR code location check-in, face mask, hand sanitiser and photo ID required.

Set your sights on position excellence, with the charm of the Village and the coveted Peninsula accessibility sought by many. With an abundance of foot traffic and an assured tenant with an established men's barber-shop business 'The Male Room', this exciting opportunity is a ready-made investment for any savvy investor.

- Approximately 72.8sqm (8 squares)
- Currently in the first year of a renewed 5 + 5 + 5 year lease
- Rental $43,400.64 per annum
- ALL outgoings paid by tenant (no cost to rental provider)
- Over 5% rental yield
- Large kitchenette with private office space
- Separate toilet
- 6.5m glass frontage
- 9.2m deep
- Masses of onsite parking
- Trusted long-term tenant (currently at 10+ years)
- Zoning Commercial 1

Boasting a coveted Village lifestyle within an elite beachside community, this is a very wise investment for any local or out-of-area investor seeking entry into an exclusive market. Positioned opposite the newly refurbished Woolworths and Ritchies IGA, and surrounded by niche cafes, restaurants and clothing boutiques.

The seaside town of Mount Eliza is a coveted suburb on the Mornington Peninsula known for its superb clifftop beaches, exclusive property prices and elite schools, as well as a beautiful blend of bay and woodland areas. The Village is a bustling centre of activity and a favourable location for many locals and businesses, including all four major banks and two significant supermarkets (Ritchies IGA & Woolworths). Mount Eliza is also served by two major roadways, the Nepean Highway and Moorooduc Highway, making this location easily accessible.

Please contact Daniel Marion on 0433 121 182 to arrange your very own private inspection.

Property Highlights

Date Sold28 Jul 2021
Sold Price$870,000
Floor Area65 m²
Land Area1,378 m²
ParkingAsk Agent
Property ID2016445740
Category
Last updated  10 Aug 2021
Map for 6/73-75 Canadian Bay Road Mount Eliza VIC 3930

Property Highlights

Date Sold28 Jul 2021
Sold Price$870,000
Floor Area65 m²
Land Area1,378 m²
ParkingAsk Agent
Property ID2016445740
Category
Last updated  10 Aug 2021

Listed by

Element Estate Agents
Call
03 97763270

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