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5 Military Road, AVONDALE HEIGHTS VIC, 3034

Sold
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Property Sold in 5 Military Road, AVONDALE HEIGHTS VIC, 3034

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11363380
Status:
Sold
Last Updated:
17/10/2019
Icon building

Property Type

Retail
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Land Area

374 SQM
Icon size

Floor Area

528 SQM
Icon parking

Parking

N/A

* It's a Winner! * Retail Investment Leased to Long Established News and Tatts Agency! *

Outstanding stand-alone two storey brick constructed building comprising ground floor retail space, first floor open plan studio, rear right of way access and future development potential (STCA) .

This quality retail freehold investment is currently leased to long established News & Tattslotto agency and had been in operation as a newsagency for over 40 years (approx).

The property is well positioned along a retail shopping strip; neighbouring Australia Post and The Cheesecake Shop, within walking to Coles supermarket and only 3 kilometres (approx) from Highpoint Shopping Centre.

Key features include;

Rental return: $39,360.00 p.a. with CPI review due July 2013
Lease term: 5+5+5+5 years
Substantial building area of 528m2 (approx)
Land area: 374m2 (approx)
Zoned Business 1
9 metre (approx) frontage to Military Road

For more information please visit http://www.cvainteractive.net.au/5militaryroadavondaleheights

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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