Main Road Inner City Building With Development Potential - Offers Under Review

EOI - 417-419 Mt Alexander Road, Ascot Vale, VIC 3032

Offices, Retail, Showroom, Investment (Offices, Retail), Development/Land (Offices, Retail, Showroom, Medical, Residential)

Overview

Property ID: 15993
Price: Contact Agent
Rent: $60,777.36 (ex. GST)
Building: 320m²
Land: 320m²
Zoning: Commercial 1 Zone
EOI
12/12/2019 03:00 PM
Add to Calendar 12/12/2019 03:00 PM 12/12/2019 03:00 PM Australia/Melbourne EOI - 417-419 Mt Alexander Road, Ascot Vale, VIC 3032 Main Road Inner City Building With Development Potential - Offers Under Review Anthony Carbone anthony.carbone@cva.melbourne false DD/MM/YYYY akKqZLDfczNDwEvbmmHA24960

Description

This versatile commercial building providing current rental income and potential future development opportunity is offered via Expressions of Interest closing Thursday 12th December at 3pm.

Situated on Commercial 1 zoned land, the 320m2* single level property features a light filled open plan showroom with a frontage of 12m* to Mt Alexander Road complimented by staff amenities with shower, storeroom and rear laneway access via Bank Street to lock-up garage.

- Current income: $60,777.36 per annum plus outgoings
- Expiring 31st January, 2021
- Potential to occupy earlier by agreement

This main road property is located 5.5km* from Melbourne CBD and is well serviced by an array of public transport options with the No. 59 Tram at its doorstep and Ascot Vale Train Station 600m* from the site. This ideal location is further enhanced by a diverse range of cafe's, restaurants and retail shops all within walking distance of the premises.

For further information, please contact CVA Property Consultants.

*Approx.
Pricing excludes GST

Additional Info

Features
Age N/A
Condition Excellent
Occupancy Tenanted: 99 Bikes Pty Ltd
Suitable Development N/A
Permits Issued No
Availability Upon settlement
Lease Term 5 years and 9 months
Rent Review Annual 3%
Commenced 1st May 2015
Bonds / Guarantees Nil
Car Spaces Rear on-site parking
Car Parking Fees Nil
Height 4m*
Roller Doors Yes
Air Conditioning Yes
Floors Concrete
Sprinklers No
Wheelchair N/A
Lifts No
Outgoings
Outgoings Payable By lessee as per lease
Water Rates TBA
Owners Corp. / Insurance TBA
Other Charges N/A
Council Rates TBA
Land Tax TBA

Agent Details

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