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Boutique Retail Investment - Circa 6% Buyers!

1A Rose Street, ARMADALE VIC, 3143

Sold

Property Sold in 1A Rose Street, ARMADALE VIC, 3143

Listing ID:
11259541
Status:
Sold
Price:
Under Offer
Last Updated:
04/06/2019
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Property Type

Retail/Offices
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Land Area

N/A
Icon size

Floor Area

23 SQM
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Parking

N/A

Boutique Retail Investment - Circa 6% Buyers!

Ray White Commercial Oakleigh is delighted to present this outstanding retail property prominently positioned within one of Melbourne's most prestigious retail precincts.

First time offered in over 20 years!

• Two (2) Year Lease commenced July 2018
• Two (2) further terms of two (2) years each
• Rental return | $32,240 p/a + Outgoings (as of July 2019)
• Fixed 4% annual increases throughout duration of Tenancy
• Located opposite Toorak Railway Station
• Commercial 1 Zone (C1Z)

Armadale's coveted status as one of Melbourne's most prestigious and gentrified south-eastern suburbs should certainly ensure that this property appeals to those savvy investors looking to purchase a prime retail investment within Armadale's popular retail + lifestyle precinct.

George Kelepouris - 0425 798 677
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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