This excellent freehold investment ideally positioned in the heart of Highett and leased to a renowned tenant is offered for sale via Expressions of Interest closing on Wednesday 8th April 2020 at 3pm.
A prominent freehold investment situated on 347m2* of land with current improvements totaling 182m2* and featuring an 8.45 metre double frontage to Railway Parade.
Additional noteworthy features include valuable rear lane access, excess land, onsite car spaces and rear storage shed.
Positioned 16km* south-east of Melbourne’s central business district and 2km* from Port Phillip Bay, the property is surrounded by small and major retailers and multiple new high rise residential apartment buildings.
Situated directly opposite the Highett Train Station providing exceptional accessibility.
Leased to the renowned Hallmarc Group and providing a strong rental return of $68,000.00 per annum net.
- Tenant: Hallmarc Group
- Rental: $68,000.00 p.a net
- Lease term: Three (3) years
- Building area: 182m2*
- Land area: 347m2*
- Rear lane access & rear storage shed
- Valuable future development potential
- Directly opposite Highett Train Station
- Commercial 1 Zone
Pricing excludes GST