1. Home
  2. »
  3. Sold Properties
  4. »
  5. San Marco by the Sea, Strong Leases in an Unbeatable Loca...

4 & 4A/42 Lochiel Avenue, MOUNT MARTHA VIC, 3934

Sold
https://dduaaywsz-res-3.cloudinary.com/image/upload/v1565863737/tnltycvfsckuhiboyxoy.jpg

Property Sold in 4 & 4A/42 Lochiel Avenue, MOUNT MARTHA VIC, 3934

Cameron - Head Office (Industrial Dandenong)

3 Ordish Road, Dandenong South, VIC 3175

Listing ID:
11288356
Status:
Sold
Last Updated:
15/08/2019
Price:
$3,800,000

Property Type

Retail

Land Area

N/A

Floor Area

188 SQM

Parking

N/A

San Marco by the Sea, Strong Leases in an Unbeatable Location

San Marco of Mount Martha

Cameron is proud to present two of Mount Martha’s truly iconic blue chip commercial properties. Investment opportunities of this nature and quality are seldom seen.
San Marco occupies Mount Martha Village’s prime corner block with maximum exposure to the Esplanade, Watsons Road and Lochiel Avenue.
Comprising of two properties to be sold separately, take one or both for an investment that will grow before your eyes.
The buildings are currently leased to established, high profile Mount Martha tenants with details as follows:

4/42 Lochiel Avenue - Bonaccorde
- Returning $89,720pa + GST + outgoings as at July 2018
- Total lettable area of 73sqm
- Long term lease with options
- 4% Annual rental increases
- Secured with bond & Directors guarantees

4A/42 Lochiel Avenue - Mr Curtis
- Returning $68,334pa + GST + outgoings as at July 2018
-Total lettable area of 115sqm
- 5x5x5x5 year Lease
- 4% Annual rental increases
-Secured with bond & Directors guarantees

Investments that excite come few and far between, don’t miss out on an opportunity to own San Marco.

For more details, please email agent

Cameron - Head Office (Industrial Dandenong)

3 Ordish Road, Dandenong South, VIC 3175


More properties from Cameron - Head Office (Industrial Dandenong)
For Sale & Lease
Lot 30 Greenhills Road, PAKENHAM VIC, 3810

Lot 30 Greenhills...

Industrial/Warehouse
Leased
2/190 Sladen Street, CRANBOURNE VIC, 3977

2/190 Sladen Stre...

Offices
Sold
8 Boileau Street, KEYSBOROUGH VIC, 3173

8 Boileau Street,...

Industrial/Warehouse
For Sale
1-19/Lot 28 Greenhills Road, PAKENHAM VIC, 3810

1-19/Lot 28 Green...

Industrial/Warehouse
Leased
26 Rutherford Road, SEAFORD VIC, 3198

26 Rutherford Roa...

Industrial/Warehouse
Sold
60 Wedgewood Road, HALLAM VIC, 3803

60 Wedgewood Road...

Industrial/Warehouse
More properties from Mount Martha
Sold
4 Watson Road, MOUNT MARTHA VIC, 3934

4 Watson Road, MO...

RetailMedical/ConsultingOther
Sold
9 Howey Road, MOUNT MARTHA VIC, 3934

9 Howey Road, MOU...

OfficesRetail
Leased
2/4 Langrigg Avenue, MOUNT MARTHA VIC, 3934

2/4 Langrigg Aven...

Medical/Consulting
Leased
5A Bay Road, MOUNT MARTHA VIC, 3934

5A Bay Road, MOUN...

OfficesMedical/ConsultingRetail
Leased
7A Bay Road, MOUNT MARTHA VIC, 3934

7A Bay Road, MOUN...

RetailOffices
Sold
4 & 4A/42 Lochiel Avenue, MOUNT MARTHA VIC, 3934

4 & 4A/42 Lochiel...

Retail
Loading...