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Colliers - Melbourne East

77 Martins Lane Viewbank, VIC 3084

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77 Martins Lane,
Viewbank, VIC 3084

Shops & Retail

Price information

Sale - Auction Fri 1 Nov

Please contact agent

Key property information

Land area

Floor area

Property extent

Zoning

Tenure type

Auction

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Colliers - Melbourne East
Ben Baines
Lucas Soccio
Eddie Foulkes

Colliers - Melbourne East

Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
Colliers - Melbourne East
77 Martins Lane
Viewbank, VIC 3084

Map of 77 Martins Lane

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  • Train stations within 5 km of 77 Martins Lane, Viewbank, VIC 3084Distance
    MacLeod Station2.1 km
    Rosanna Station2.4 km
    Watsonia Station2.5 km
    Watsonia2.6 km
    Montmorency Station3.3 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 77 Martins Lane, Viewbank, VIC 3084Distance
    61-Bundoora Park/Plenty Rd (Bundoora)4.5 km
    60-la Trobe University/Plenty Rd (Bundoora)4.6 km
    65-Grimshaw St/Plenty Rd (Bundoora)4.7 km
    66-Settlement Rd/Plenty Rd (Bundoora)4.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 77 Martins Lane, Viewbank, VIC 3084Distance
    Martins Lane/Winston Rd (Viewbank)49 m
    Grantham Rd/Lower Plenty Rd (Viewbank)275 m
    Fosbery Cres/Martins Lane (Viewbank)304 m
    Lyon Rd/Martins Lane (Viewbank)355 m
    Arthur Streeton DrLower Plenty Rd355 m
    POWERED BY HERE ©
POWERED BY HERE ©

Quality Suburban Investment with Attractive Lease Fundamentals

  • Leased with Options until 2043
  • 4.00% Annual Increases
  • Favourable Commercial 1 Zoning
Colliers is pleased to present 77 Martins Lane, Viewbank for sale via on-site Public Auction on Friday 1 November at 12:30pm (AEDT).
On offer is a split-level freehold mixed-use property comprising of retail accommodation plus a two (2) bedroom residence with a large garage. The property is ideally situated within close proximity to transport and educational amenities.

The key highlights of the opportunity include:

- Suburban Milk Bar with 2-bedroom residence totalling 342sqm*

- Rental of $53,487* per annum + GST with 4.00% annual increases

- Recently renewed lease expiring March 2033 plus 2 x 5-year options

- Longstanding tenant who has traded from the property since 2012

- The only retail strip in Viewbank, servicing an affluent resident population of 6,912^

- Substantial Commercial 1 Zoned site of 374sqm*, allowing for flexible future development outcomes (STCA)


For further information or to arrange an inspection please contact the exclusive selling agents below:

Eddie Foulkes | 0405 890 9...
Ben Baines | 0438 328 4...
Lucas Soccio | 0421 428 9...

*Approximate
^CoreLogic

Property ID: 504701828Last Updated: 7 Oct 2024

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