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BURKE HILL INVESTMENT WITH LONGSTANDING TENANT

738 Burke Road, CAMBERWELL VIC, 3124

Sold

Property Sold in 738 Burke Road, CAMBERWELL VIC, 3124

Gross Waddell Pty Ltd

Level 6/60 Collins Street , Melbourne, VIC 3000

Listing ID:
11362289
Status:
Sold
Price:
Contact Agent
Last Updated:
23/12/2019
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Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

170 SQM
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Parking

N/A

BURKE HILL INVESTMENT WITH LONGSTANDING TENANT

First time offered in over 35 years, this “blue-chip” investment opportunity located within the highly sought after Burke Road retail strip is leased to longstanding tenant, Mail Boxes Etc. who have occupied the property for over 20 years.

Featuring fully fitted retail and commercial accommodation over part 2 levels, the property features the following:

• Current Rental: $66,306* p.a. + GST
• Lease Terms: 5 + 5 years (comm. 1st August 2017)
• Reviews: Annual 3% increases with review to market at commencement of further term
• Building Area: 170m2*
• Rear carparking via ROW
• Zoning: Commercial 1

*Approx.

For more details, please email agent

Gross Waddell Pty Ltd

Level 6/60 Collins Street , Melbourne, VIC 3000


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