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TENANTED RETAIL INVESTMENT IN THE HEART OF MCKINNON

195 Mckinnon Road, MCKINNON VIC, 3204

For Sale

Property for Sale in 195 Mckinnon Road, MCKINNON VIC, 3204

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  • Ryan Amler
Listing ID:
11366749
Status:
Active
For:
Sale
Price:
PRIVATE SALE | $505,000
Last Updated:
28/11/2019
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Property Type

Retail/Offices
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Land Area

N/A
Icon size

Floor Area

55 SQM
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Parking

1

TENANTED RETAIL INVESTMENT IN THE HEART OF MCKINNON

Ray White Commercial is pleased to offer 195 McKinnon Road, McKinnon. This is a superb opportunity to purchase a fantastic retail investment which is currently leased to an established tenant since 2017.

The subject property is located in the McKinnon Road shopping precinct on the ground floor of a newly built boutique development comprising of 12 apartments and 2 ground floor retail premises and only metres from the McKinnon Train Station.

The businesses operating in this tightly held location consist of an array of established & long term professional operators which is symbolic of the area.

In recent years the location has undergone a huge transformation with a multitude of high density residential developments bringing an abundance of people to the vicinity which can only add to the potential future growth of this investment.

• Total building area | 55m2*
• 2 + 2 year lease commenced 18th October 2017
• Current rental $25,958* p/a + GST + Outgoings
• Fixed 4% annual increases
• 3 months security bond
• One (1) secure car space on title
• Commercial 1 Zone (C1Z)

PRIVATE SALE | $505,000

For more information on this exciting opportunity please contact one of the exclusive marketing agents below:

Ryan Amler | 0401 971 622
Theo Karkanis | 0431 391 035

For more details, please email agent

Ray White Commercial Oakleigh

7-9 Atherton Road, Oakleigh, VIC 3166

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  • Ryan Amler

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