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High Yield Investment (circa 6.5%)

36 Springthorpe Boulevard, MACLEOD VIC, 3085

Sold

Property Sold in 36 Springthorpe Boulevard, MACLEOD VIC, 3085

Miles Real Estate

143 Upper Heidelberg Road, Ivanhoe, VIC 3079

Listing ID:
11355484
Status:
Sold
Price:
$372,500
Last Updated:
26/02/2020
Icon building

Property Type

Retail
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Land Area

0 SQM
Icon size

Floor Area

70 SQM
Icon parking

Parking

N/A

High Yield Investment (circa 6.5%)

SOLD By Miles Real Estate. This immaculately presented retail shop is in the Macleod Springthorpe Estate offering an opportunity for a savvy investor looking to secure a long-term lease.

- Building area: 70 sq. metres (approx.)
- Boutique location with high amount of daily traffic and good exposure to Springthorpe Boulevard
- Current Passing rental of $25,500 per annum.
- Long-term lease to "Carbone's Place" pizzeria.
- Two (2) further terms of five (5) years (Current lease expires December 2021).
- Tenant paying all outgoings (except land tax).
- North facing with excellent natural light and Springthorpe parklands/playground directly opposite.
- Onsite shared parking
- La Trobe University- Bundoora campus, YMCA- Macleod, Victoria Police, EPA Victoria, & Ivanhoe Grammar (Year 9 Campus) all well-known organisations within a short distance.

Terms: 10% Deposit. Balance 30/60/90 Days

For more details, please email agent

Miles Real Estate

143 Upper Heidelberg Road, Ivanhoe, VIC 3079


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