OWNER SAYS SELL!! - ICONIC FREEHOLD RETAIL INVESTMENT IN THE HEART OF OAKLEIGH
Ray White Commercial Victoria is delighted to offer for sale by Public Auction this fantastic retail investment property located in the heart of Oakleigh's retail shopping district and next to Oakleigh Market.
The current Tenant has been trading from this property for close to 30 years and has recently signed a Brand New lease with further options. The property itself has been trading as a Delicatessen / Continental butcher for nearly 80 years which is sure to comfort any investor looking to add this blue-chip investment to their commercial property portfolio.
• Total building area 210m2 approx
• Total land area 172m2 approx
• Rental return | $85,000 per annum + GST + Outgoings
• Brand New three (3) year lease commencing 30th October 2018
• Three (3) further options of three (3) years
• Future development potential (STCA)
• Fixed 3% annual increases
• Commercial 1 Zoning (C1Z)
Paul Rizzo - 0418 688 888
Theo Karkanis - 0431 391 035
The current Tenant has been trading from this property for close to 30 years and has recently signed a Brand New lease with further options. The property itself has been trading as a Delicatessen / Continental butcher for nearly 80 years which is sure to comfort any investor looking to add this blue-chip investment to their commercial property portfolio.
• Total building area 210m2 approx
• Total land area 172m2 approx
• Rental return | $85,000 per annum + GST + Outgoings
• Brand New three (3) year lease commencing 30th October 2018
• Three (3) further options of three (3) years
• Future development potential (STCA)
• Fixed 3% annual increases
• Commercial 1 Zoning (C1Z)
Paul Rizzo - 0418 688 888
Theo Karkanis - 0431 391 035
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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