Dual Tenanted Retail Investment within Coles Anchored Shopping Centre

RWC Oakleigh is pleased to present to the market 6 Spring Square, Hallam which is being offered via a public on-site & online Auction scheduled for Thursday 20th June 2024 at 11:00 am.

Spring Square Shopping Centre itself is anchored by Coles Supermarket and is accessible via the Monash Freeway (M1), Princes Highway & the South Gippsland Freeway. Businesses here include Liquorland, Australia Post, Pharmacy, Dentists, Lawyers, Real Estate Agencies, Restaurants, Salons, Bakeries, Fish n Chips & a Newsagency along with many other specialty stores & food outlets. Bunnings Warehouse can be found trading 1km* down the road with Hallam Secondary College 500m* away.

The property benefits from having two separate tenants with two separate leases in place with one being a well known real estate agency and the other being an accountant / bookkeeper on the first floor.

Property Attributes:

• Total land area | 186m2*
• Total building area over two levels | 173m2*
• Combined rental | $68,400 p/a + GST
• Both lease terms: 3 + 3 + 3 Years
• Tenants pay all applicable outgoings
• Fixed 4% annual increases
• Anchored by Coles Supermarket and complimented with an abundance of public car parking
• Easy access to major arterials including the Monash Freeway (M1) & Princes Highway
• Rear access via ROW
• Commercial 1 Zone (C1Z)

For further information please contact one of the exclusive marketing agents below:

Theo Karkanis | 0431 391 035
Anthony Anastopoulos | 0488 095 057

* All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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