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

Level 9, 385 Bourke Street

Melbourne, VIC 3000

Property Highlights

Date Sold	8 Sep 2019
Sold Price	$1,675,000
Floor Area	850 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015435659
Category	Showrooms / Bulky Goods Factory, Warehouse & Industrial
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

*Within a 4km radius

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Cushman & Wakefield Melbourne

Level 9, 385 Bourke Street

Melbourne, VIC 3000

Property Highlights

Date Sold	8 Sep 2019
Sold Price	$1,675,000
Floor Area	850 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015435659
Category	Showrooms / Bulky Goods Factory, Warehouse & Industrial
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.