» »
Double Fronted Freehold Investment !

8 Railway Parade, HIGHETT VIC, 3190

For Sale

Property for Sale in 8 Railway Parade, HIGHETT VIC, 3190

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11378126
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
20/07/2020
Icon building

Property Type

Land/Development/Offices/Showrooms/Bulky Goods
Icon square

Land Area

347 SQM
Icon size

Floor Area

182 SQM
Icon parking

Parking

N/A

Double Fronted Freehold Investment !

An excellent freehold investment property perfectly positioned in the heart of Highett.
Situated on 347m2* of Commercial 1 Zoned land with current improvements totaling 182m2* and featuring an impressive 8.45 metre double frontage.
Additional noteworthy features include valuable rear lane access, excess rear land, onsite car spaces and rear storage shed. 

Leased to the renowned Hallmarc Development Group who occupies the property as a commercial office / showroom providing a strong rental return of $68,000.00 per annum net on a three (3) year lease term. 

Located 2km* from the Port Phillip Bay, the property is surrounded by numerous small and major retailers and multiple new high rise residential apartment buildings which supports the strong influx of residents in the Highett region.
Also situated directly opposite the Highett Train Station providing exceptional accessibility. 

Investment Summary:
- Tenant: Hallmarc Group 
- Rental: $68,000.00 p.a net
- Lease term: Three (3) years
- Commencement date: 1st September 2019
- Land area: 347m2*
- Building area: 182m2*
- Rear lane access & rear storage shed
- Valuable future development potential
- Directly opposite Highett Train Station

*Approx.
Pricing excludes GST

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


More properties from CVA Property Consultants Pty Ltd
Leased
709 Nicholson Street, CARLTON NORTH VIC, 3054

709 Nicholson Str...

Retail
Sold or Leased
7-9 Robinlee Ave, BURWOOD VIC, 3125

7-9 Robinlee Ave,...

OfficesMedical/Consulting
Leased
1/614 Hawthorn Road, BRIGHTON EAST VIC, 3187

1/614 Hawthorn Ro...

Offices
Sold or Leased
1716-1718 Sydney Road, CAMPBELLFIELD VIC, 3061

1716-1718 Sydney ...

Showrooms/Bulky GoodsLand/Development
Leased
8/50-54 Howleys Road, NOTTING HILL VIC, 3168

8/50-54 Howleys R...

Industrial/Warehouse
Leased
5/58 Lexton Road, BOX HILL NORTH VIC, 3129

5/58 Lexton Road,...

Industrial/Warehouse
More properties from Highett
Leased
Lot 2R, 50 Highett Road, HIGHETT VIC, 3190

Lot 2R, 50 Highet...

Retail
Leased
495 Highett Road, HIGHETT VIC, 3190

495 Highett Road,...

RetailOffices
For Lease
511 Highett Road, HIGHETT VIC, 3190

511 Highett Road,...

Retail
For Lease
352 Highett Road, HIGHETT VIC, 3190

352 Highett Road,...

RetailMedical/ConsultingOffices
Sold
32-40 Graham Road, HIGHETT VIC, 3190

32-40 Graham Road...

Land/DevelopmentLand/Development
Sold
35 Advantage Road, HIGHETT VIC, 3190

35 Advantage Road...

Industrial/Warehouse
Loading...