738 Mt Alexander Road Moonee Ponds VIC 3039

Nelson Alexander Commercial are pleased to present For Sale via Auction 738 Mount Alexander Road Moonee Ponds. Located moments from thriving Puckle Street retail strip is this commanding corner building offered for sale for the first time in nearly half a century.

Key Property Features:

> Commanding corner building with huge exposure to Puckle St/Mt Alexander Rd junction
> Generous land size of 245sqm* and side access via lane proving car access if required
> Large ground floor retail with separate access for residence/office
> Extensive tenant fit out throughout
> 5-year lease (with 1 option of 5 years) commencing 2021 to Soul Inn House an established Tattoo Studio that has been operating in Moonee Ponds for over 10 years.
> Current rental $51,250 pa plus GST plus outgoings
> Benefitting from close proximity to Moonee Valley Racecourse, undergoing a $2Bn redevelopment.
> Activity Centre Zoning with future redevelopment potential (STCA)
> Rare opportunity to invest in a well-regarded suburb with a proven track record for capital growth, underpinned by a rapidly growing residential catchment.

For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.