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The Perfect 10 Investment Mix! Circa 5 % Return.

580-584 Canterbury Road, VERMONT VIC, 3133

Sold

Property Sold in 580-584 Canterbury Road, VERMONT VIC, 3133

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11181039
Status:
Sold
Price:
Contact Agent
Last Updated:
02/10/2019
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Property Type

Retail/Offices
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Land Area

1079 SQM
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Floor Area

1334 SQM
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Parking

N/A

The Perfect 10 Investment Mix! Circa 5 % Return.

This fantastic investment opportunity includes a recently constructed, circa 2014, two level building featuring multiple income streams. The property comprises 10 tenancies including four large 2 bedroom upper level residential apartments, one upper level commercial space / office and five retail shops anchored by Subway restaurant and Australia Post.

Available as a whole via Private Sale 

The subject property comprises a fully leased two storey building with main road frontage and substantial rear car park, returning a total of $296,619.80 per annum. 

This convenient location is just 1.9 kilometres* from Springvale Road, 2.1 kilometres* from EastLink (via Canterbury Road), 2.3 kilometres* from Ringwood Metropolitan Activity Centre comprising the Costco Wholesale warehouse and the newly expanded Eastland Shopping Centre.

- Current rental $296,619.80 per annum 
- Diverse mix of residential and commercial/retail tenancies 
- Whole freehold site totalling 1,079m2* with rear right of way access 
- 19 car parking spaces, including secure garages to apartments 
- 26.8 metre* frontage to Canterbury Road
- Generous depreciation allowances available

*approx

For more details, please email agent


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CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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