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Jacobs & Lowe - MORNINGTON

137 Shoreham Road Red Hill South, VIC 3937

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137 Shoreham Road,
Red Hill South, VIC 3937

Shops & Retail
Added 4 days ago

Price information

Sale

$3,500,000 - $3,750,000

Key property information

Land area

Floor area

Property extent

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Jacobs & Lowe - MORNINGTON
Jeremy Lewis

Jacobs & Lowe - MORNINGTON

220 Main Street
MORNINGTON, VIC 3931
04170470...
Jacobs & Lowe - MORNINGTON
137 Shoreham Road
Red Hill South, VIC 3937

Map of 137 Shoreham Road

Directions
  • Bus stops within 5 km of 137 Shoreham Road, Red Hill South, VIC 3937Distance
    Nelson St/Frankston-Flinders Rd (Shoreham)4.4 km
    Point Leo Rd/Frankston-Flinders Rd (Point Leo)4.5 km
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POWERED BY HERE ©

Red Hill Village Shopping Centre

Red Hill Village Shopping Centre is being offered for sale with 7 individually titled and leased shops being sold as one.

Unlock a lucrative investment opportunity with this recently fully refurbished centre, featuring prime tenants secured under long-term leases. With a strong rental history and high demand in the area, this property promises not just stability but significant growth potential.

The property occupies a central location among wineries and boutique accommodation with numerous produce-based tourism and hospitality venues nearby.

This boutique and tightly held location is zoned C1Z, and there is on-site parking accessible from both Shoreham Road and Baynes Road

Additional notes;
Total gross income over $250,000* plus GST annually.
Net income $170,781* plus GST and outgoings annually.
Land tax (single holding basis): estimated less than $225* pet lot per annum.
Depreciation allowances: available if applicable.
Land size: 1680m2 (approx.)
Building area: 576m2 (approx.)

*estimates

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Property ID: 504698324Last Updated: 26 Sep 2024

Jacobs & Lowe - MORNINGTON
220 Main Street
MORNINGTON, VIC 3931

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