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Sold on 17 Dec 2017

78 Main Street Greensborough VIC 3088

  • Offices
  • 1,860 m²
  • Sold

BRAND NEW BUILDING-SECURE INVESTMENT

  • Brand new mixed use building
  • Long Leases to Westpac & Bendigo Bank
  • Current net income of $522,780pa + GST

Knight Frank is pleased to offer this outstanding securely leased retail and office investment for private sale.

78 Main Street, Greensborough known as Greensborough Walk is located in the heart of the bustling Greensborough retail precinct on the Eastern side of Main Street between the WaterMarc Leisure and Aquatic Centre and thriving Greensborough Plaza Shopping Centre.

A striking and architecturally designed mixed use building which comprises of 1,860sqm of building over three levels plus an additional basement providing 20 secure carspaces.

The building provides a net income of $522,780 per annum with secure leases to Westpac and Bendigo Banks on the ground floor with the upper levels of office leased to multiple tenants including Mind Australia (Headspace), Pekada Finance and Whitehead Financial.

Key benefits of this outstanding Investment offering include:-

- Mixed use three level building of 1,860 sqm (approx.)
- Securely leased with current net income of $522,780 per annum approx. + GST
- Fixed annual rental growth
- Outstanding ground floor retail with two upper levels of high quality office accommodation
- Brand new building with significant depreciation benefits
- Superb location in the heart of Greensborough's retail precinct and close to Greensborough train station and bus interchange
- Secure basement car parking for 20 cars
- Long leases to ASX listed companies in Westpac & Bendigo Banks

This truly is an outstanding suburban investment opportunity that should not be overlooked. For further information or to arrange an inspection please contact Tim Grant, Tom Ryan or Matt Romanin.

Tim Grant
Knight Frank Eastern Office
Tim Grant
Knight Frank Eastern Office
Tom Ryan
Knight Frank Eastern Office
Tom Ryan
Knight Frank Eastern Office
Matthew Romanin
Knight Frank Eastern Office
Matthew Romanin
Knight Frank Eastern Office

Property Highlights

Property ID2013784043
Date Sold17 Dec 2017
Floor Area1,860 m²
Land AreaAsk Agent
EnergyAsk Agent
Parking20 x Onsite parkings
Building TypeWhole building
Category
Last updated  2 Mar 2021
Map for 78 Main Street Greensborough VIC 3088
Map for 78 Main Street Greensborough VIC 308878 Main Street Greensborough VIC 3088
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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.

Tim Grant
Knight Frank Eastern Office
Tim Grant
Knight Frank Eastern Office
Tom Ryan
Knight Frank Eastern Office
Tom Ryan
Knight Frank Eastern Office
Matthew Romanin
Knight Frank Eastern Office
Matthew Romanin
Knight Frank Eastern Office

Property Highlights

Property ID2013784043
Date Sold17 Dec 2017
Floor Area1,860 m²
Land AreaAsk Agent
EnergyAsk Agent
Parking20 x Onsite parkings
Building TypeWhole building
Category
Last updated  2 Mar 2021
Knight Frank Eastern Office
Level 3, 10 Nexus Court Mulgrave VIC 3170
Tim Grant
Knight Frank Eastern Office
Tim Grant
Knight Frank Eastern Office
Tom Ryan
Knight Frank Eastern Office
Tom Ryan
Knight Frank Eastern Office
Matthew Romanin
Knight Frank Eastern Office
Matthew Romanin
Knight Frank Eastern Office

Ask Tim Grant about this property

Tim Grant

Tim Grant

Knight Frank Eastern Office

Tom Ryan

Tom Ryan

Knight Frank Eastern Office

Matthew Romanin

Matthew Romanin

Knight Frank Eastern Office

+61 *** ***
+61 478 666 275

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