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81A Willsmere Road Kew VIC 3101

  • Retail
  • 400 m²
  • Commercial Auction

DOUBLE FRONTED RETAIL INVESTMENT

Auction: Wednesday 11 September 2019 at 1pm on-site

Teska Carson is pleased to present the opportunity to purchase 81A Willsmere Road, Kew with the following key attributes:

- Fully leased to Kew Friendly Supermarket on a 5-year lease which commenced December 2016 with a further term of five (5) years.
- Net annual income of approximately $42,841 per annum plus GST & Outgoings with annual increases.
- Situated in the heart of the tightly held Willsmere Shopping Village, this is the first time this property has been offered in over 40 years.
- Located within the affluent suburb of Kew, with a median house price of $2,230,000 as at Dec. 18 (Kew has experienced 52% capital growth since Dec 2012)*.
- Surrounded by Melbournes most prestigious schools including Xavier College, Methodist Ladies College, Genazzano FCJ College, Carey Grammar and Trinity Grammar.
- Complemented by highly accessible amenities including direct access to public transport and the Eastern Freeway (1km) which provides access to the CBD (5.5km) and Melbournes arterial network.

Open for Inspection times:
Wednesday 14th of August at 10.30am-11.00am
Wednesday 21st of August at 10.30am-11.00am
Wednesday 28th of August at 10.30am-11.00am
Wednesday 4th of September at 10.30am-11.00am

Please call for further information or to arrange an inspection.

* approx.

Auction date and time11/09/2019 13:00
Auction location81a Willsmere Road, Kew VIC

Property Highlights

Property ID2015517554
Floor Area400 m²
Land Area440 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  12 Aug 2019
Map for 81A Willsmere Road Kew VIC 3101
Teska & Carson
Level 1/516 Church St Richmond VIC 3121

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