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96-98 Bluff Road Black Rock VIC 3193

  • Retail
  • 378 m²
  • Commercial Auction

Prized Bayside Retail/Office Investment with Enormous Upside

Buxton commercial is excited to present for public auction this exceptional freehold property, located in the heart of the prestigious beachside suburb of Black Rock.

We highlight some outstanding features for your consideration:

- New, 5 year lease to an established longstanding tenant
- Returning $83,685pa + GST + Outgoings from 1 July 2019
- Complemented by 3% fixed annual increases
- Tenant in possession since 2003
- No lease options, offers flexible long-term opportunities
- Prime mixed use zoned landholding of 409sqm*
- Outstanding street exposure with a wide 12.19m* frontage
- Double storey building with a total building area of 378sqm*
- Incredible future development and/or add value opportunity (stca)
- Highly valuable on-site car parking: Up to 4 car spaces
- Excellent rear access via R.O.W
- Suit investors, future occupiers or developers (stca)
- Perfect landbank opportunity whilst generating secure rental income

Predominantly located within this tightly held pocket of Black Rock, close to schools, the sandy beaches of Black Rock and only 19km* from Melbournes CBD.

A phenomenal opportunity awaits, invest now, occupy later or even build an iconic Bayside mixed use development in the future with potential sweeping views over Half Moon Bay (scta). The options are endless.

Call Kenny Oliver now on 0409 144 188. Open for inspection this Thursday, 19th September, at 12:30-1pm. Please contact Kenny prior to confirm your attendance.

(*approx)

Auction date and time17/10/2019 13:00
Auction location96-98 Bluff Road, Black Rock VIC

Property Highlights

Property ID2015629472
Floor Area378 m²
Land Area409 m²
Parking4 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  13 Sep 2019
Map for 96-98 Bluff Road Black Rock VIC 3193
Buxton Commercial & Industrial
Level 1/15 Corporate Dr Moorabbin VIC 3189

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