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Sold on 12 Dec 2018

64-68 Monbulk Road Belgrave VIC 3160

  • Shop & Retail
  • 566 m²
  • Sold

Massive Price Reduction Now $800,000 to $880,000 Must Be Sold

    Drawing significant tourist numbers seven days a week, three hundred and sixty-five days of the year, the Dandenong Ranges is one of Victoria's premier attractions. Perfectly positioned between Belgrave (home of Puffing Billy) and the gorgeous Sherbrooke Forest this superb commercial property is ready for an entrepreneur with drive and vision.

    The property includes a fully equipped commercial kitchen, dining and reception rooms as well as a large function room and abundant off-street parking. There's also a cosy open fireplace for café patrons to enjoy in the cooler weather and an extensive covered deck for alfresco dining. Sitting atop a plot of some 2,894sqm* the property will be sold with a two-bedroom residence that would be perfect for business owners looking to live on site or lease separately.

    The business possibilities are endless with the location being eminently suitable for a multi-tenant business, wedding reception centre, restaurant or retail premises. There is also potential for redevelopment with the appropriate council approval. The high-profile location at the gateway to the Dandenongs assures a constant flow of potential customers.

    We have a highly motivated vendor looking to achieve a result on or prior to Auction day.

    Property Features Include:-

    - Commercial Kitchen
    - Building Size: 566sqm*
    - Land Size: 2,894sqm*
    - 3 Street Frontages
    - Private Dining/Reception Spaces
    - Security System
    - Moments From Belgrave
    - 2 Bedroom Residence
    - Prominent Position on Monbulk Road
    - Low Density Residential Zone (LDRZ)

    * Approximate

    To arrange an inspection or for further information the information memorandum and legal documentation, please call Mitch Rosam or Paul Waterhouse.

    AUCTION

    Auction date and time11/12/2018 12:30
    Auction locationOnsite - 64-68 Monbulk Road, Belgrave
    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully

    Property Highlights

    Property ID2014780101
    Date Sold12 Dec 2018
    Floor Area566 m²
    Land Area2,894 m²
    ParkingAsk Agent
    Category
    Last updated  12 Dec 2018
    Map for 64-68 Monbulk Road Belgrave VIC 3160
    Map for 64-68 Monbulk Road Belgrave VIC 316064-68 Monbulk Road Belgrave VIC 3160
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully

    Property Highlights

    Property ID2014780101
    Date Sold12 Dec 2018
    Floor Area566 m²
    Land Area2,894 m²
    ParkingAsk Agent
    Category
    Last updated  12 Dec 2018
    Ray White Commercial Ferntree Gully
    Unit 5, 1849 Ferntree Gully Rd Ferntree Gully VIC 3156
    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully

    Ask Mitch Rosam about this property

    Mitch Rosam

    Mitch Rosam

    Ray White Commercial Ferntree Gully

    Paul Waterhouse

    Paul Waterhouse

    Ray White Commercial Ferntree Gully

    0402 *** ***
    0402 355 805

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