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DOUBLE FRONTED RETAIL INVESTMENT

81A Willsmere Road, KEW VIC, 3101

Sold

Property Sold in 81A Willsmere Road, KEW VIC, 3101

Teska & Carson

516 Church Street, Richmond, VIC 3121

Listing ID:
11357632
Status:
Sold
Price:
Contact Agent
Last Updated:
11/09/2019
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Property Type

Retail
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Land Area

440 SQM
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Floor Area

400 SQM
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Parking

0

DOUBLE FRONTED RETAIL INVESTMENT

Auction: Wednesday 11 September 2019 at 1pm on-site

Teska Carson is pleased to present the opportunity to purchase 81A Willsmere Road, Kew with the following key attributes:

- Fully leased to Kew Friendly Supermarket on a 5-year lease which commenced December 2016 with a further term of five (5) years.
- Net annual income of approximately $42,841 per annum plus GST & Outgoings with annual increases.
- Situated in the heart of the tightly held Willsmere Shopping Village, this is the first time this property has been offered in over 40 years.
- Located within the affluent suburb of Kew, with a median house price of $2,230,000 as at Dec. 18 (Kew has experienced 52% capital growth since Dec 2012)*.
- Surrounded by Melbourne’s most prestigious schools including Xavier College, Methodist Ladies College, Genazzano FCJ College, Carey Grammar and Trinity Grammar.
- Complemented by highly accessible amenities including direct access to public transport and the Eastern Freeway (1km) which provides access to the CBD (5.5km) and Melbourne’s arterial network.

Please call for further information or to arrange an inspection.

* approx.

For more details, please email agent

Teska & Carson

516 Church Street, Richmond, VIC 3121

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