Added 6 days ago
610 Mountain Highway,
Bayswater, VIC 3153
Shops & Retail
Added 6 days ago
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Sale
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Map of 610 Mountain Highway
Train stations within 5 km of 610 Mountain Highway, Bayswater, VIC 3153 Distance Bayswater Station 950 m Heathmont Station 1.9 km Boronia Station 3.1 km Ringwood East Station 3.5 km Ringwood Station 3.8 km POWERED BY HERE ©Bus stops within 5 km of 610 Mountain Highway, Bayswater, VIC 3153 Distance Kumala RdMountain Hwy 11 m Marlborough Rd/Mountain Hwy (Bayswater) 140 m Bayswater Uniting ChurchMountain Hwy 385 m View RdMountain Hwy 450 m Sydney Rd/Mountain Hwy (Bayswater) 561 m POWERED BY HERE ©
POWERED BY HERE ©
MULTIPLE INCOME STREAM - MIXED USE INVESTMENT
Appleby Commercial is pleased to offer 610 Mountain Highway, Bayswater to the market for private sale.
Situated within a strip shop complex within an established residential catchment, this property offers an excellent investment opportunity for the astute investor.
The property is a mixed use development comprising a retail shop at street level on Mountain Highway and three residential apartments.
The property is fully tenanted and currently returning a net rental income of $74,300 per annum.
Appleby Commercial recommends all investors to seriously consider the opportunity this property has to offer.
Lease Details - Coin Laundry
Tenant: Bayswater Coin Laundry
Lease Commenced: 03/09/2024
Term: 5 Years
Further Options: 5 x 5 Years
Current Rental: $31,200 P/A Plus GST & O/G’s
Reviews: Annual 3.0%
Lease Details - Unit 1/610 Mountain
Lease Expiry: 06/05/2025
Current Rental: $20,868 Per Annum
Rental Includes Water & Electricity
Bond Held: $1,560
Lease Details - Unit 2/610 Mountain
Lease Agreement: Month to Month
Current Rental: $20,868 Per Annum
Rental Includes Water & Electricity
Bond: No Bond Held
Lease Details - Unit 3/610 Mountain
Lease Expiry: 09/05/2025
Current Rental: $18,252 Per Annum
Rental Includes Water & Electricity
Bond Held: $1,521
For more information or to organise an inspection, please contact Appleby Commercial on (03) 8727 95....
Situated within a strip shop complex within an established residential catchment, this property offers an excellent investment opportunity for the astute investor.
The property is a mixed use development comprising a retail shop at street level on Mountain Highway and three residential apartments.
The property is fully tenanted and currently returning a net rental income of $74,300 per annum.
Appleby Commercial recommends all investors to seriously consider the opportunity this property has to offer.
Lease Details - Coin Laundry
Tenant: Bayswater Coin Laundry
Lease Commenced: 03/09/2024
Term: 5 Years
Further Options: 5 x 5 Years
Current Rental: $31,200 P/A Plus GST & O/G’s
Reviews: Annual 3.0%
Lease Details - Unit 1/610 Mountain
Lease Expiry: 06/05/2025
Current Rental: $20,868 Per Annum
Rental Includes Water & Electricity
Bond Held: $1,560
Lease Details - Unit 2/610 Mountain
Lease Agreement: Month to Month
Current Rental: $20,868 Per Annum
Rental Includes Water & Electricity
Bond: No Bond Held
Lease Details - Unit 3/610 Mountain
Lease Expiry: 09/05/2025
Current Rental: $18,252 Per Annum
Rental Includes Water & Electricity
Bond Held: $1,521
For more information or to organise an inspection, please contact Appleby Commercial on (03) 8727 95....
Additional information
Documents
Property ID: 504710952Last Updated: 14 Oct 2024
610 Mountain Highway
Bayswater, VIC 3153
Appleby - Bayswater20 Station Street
BAYSWATER, VIC 3153
BAYSWATER, VIC 3153
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