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Unit 9/286-288 Maroondah Highway
Chirnside Park VIC 3116
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Sold on 8 Sep 2019

Unit 9/286-288 Maroondah Highway Chirnside Park VIC 3116

  • Showrooms / Bulky Goods
  • 850 m²
  • Sold, $1,675,000

Secure & Well Established Investment

  • Returning $118,014 per annum net
  • Strong 3.0% fixed annual increases
  • Long standing tenant

Cushman and Wakefield is pleased to present to market this securely leased investment situated in Chirnside Park’s thriving retail commercial precinct.

Situated on Maroondah Highway major occupiers surrounding the subject property include Harvey Norman, Bunnings Warehouse, Autobarn, Petbarn, JB Hi Fi, Fernwood, Beacon Lighting among others.

Leased to long standing tenant Acespace Pty Ltd, the property consists of a concrete tilt panel unit currently occupied as a Children’s indoor play centre. Total building area is approximately 850 square metres.

Main features include:

• Renewed 5 year lease commencing 1 March 2019
• Leased to well established tenant Ace Space Children's Play Centre
• Returning $118,014 per annum net
• Building area of 850 square metres approximately
• Strong 3.0% fixed annual increases
• Options 2x5 years each
• Excellent signage and exposure on Maroondah Highway
• Zoned Commercial 2

Offered for immediate Private Sale

Please contact Robert Colaneri 0431 146 727 or Jordie Cassidy 0419 399 981 for further information.

Cushman & Wakefield Melbourne
Cushman & Wakefield Melbourne
Level 9, 385 Bourke Street
Melbourne, VIC 3000

Property Highlights

Date Sold8 Sep 2019
Sold Price$1,675,000
Floor Area850 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2015435659
Category
Last updated  21 Oct 2019
Map for Unit 9/286-288 Maroondah Highway Chirnside Park VIC 3116

Nearest transport* to Unit 9/286-288 Maroondah Highway Chirnside Park VIC 3116

Bus
Train
Old Melbourne Rd/Maroondah Hwy (Chirnside Park)139 m
Old Melbourne Rd/Maroondah Hwy (Chirnside Park)150 m
Chirnside Homemaker Centre/Maroondah Hwy (Mooroolbark)285 m
Chirnside Homemaker Centre/Maroondah Hwy (Chirnside Park)292 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Cushman & Wakefield Melbourne
Cushman & Wakefield Melbourne
Level 9, 385 Bourke Street
Melbourne, VIC 3000

Property Highlights

Date Sold8 Sep 2019
Sold Price$1,675,000
Floor Area850 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2015435659
Category
Last updated  21 Oct 2019

Listed by

Cushman & Wakefield Melbourne
Call
03 96559999

More about Unit 9/286-288 Maroondah Highway Chirnside Park VIC 3116

Unit 9/286-288 Maroondah Highway Chirnside Park VIC 3116 is categorized as Showroom & Bulky Goods Property. It has a floor area of 850 m². The listing ID for this property is 2015435659.

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