79 Barrabool Road,
Highton, VIC 3216
Offices • Shops & Retail • Other
Price information
Sold
$1,825,000
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 79 Barrabool Road
Superb Freehold Investment in High Profile Position
Auction Location: On site in the Bell Vue Arcade
Only rarely do 'Highton Village' properties change hands. Such is the case with 79 Barrabool Road which has been owned since the complex was built in the late 1960's, and offering prime Barrabool Road frontage that extends through to the Belle Vue Arcade.
Comprising of two long standing tenancies on one title, the property presents as a blue chip investment with excellent future development potential.
• Building and land area 204m2 approx.
• Combined rent (two tenancies) $81,967 p.a
• Lease/s renewal August 2025 with 1 further option term of five (5) years
• Excellent customer carparking and pedestrian access
• Surrounded by prominent local and national businesses
Auction to be conducted on site in the Belle Vue Arcade.
Terms: 10% deposit, balance 30/60 days
Only rarely do 'Highton Village' properties change hands. Such is the case with 79 Barrabool Road which has been owned since the complex was built in the late 1960's, and offering prime Barrabool Road frontage that extends through to the Belle Vue Arcade.
Comprising of two long standing tenancies on one title, the property presents as a blue chip investment with excellent future development potential.
• Building and land area 204m2 approx.
• Combined rent (two tenancies) $81,967 p.a
• Lease/s renewal August 2025 with 1 further option term of five (5) years
• Excellent customer carparking and pedestrian access
• Surrounded by prominent local and national businesses
Auction to be conducted on site in the Belle Vue Arcade.
Terms: 10% deposit, balance 30/60 days
Property ID: 504615864Last Updated: 16 Sep 2024
04148985...
79 Barrabool Road
Highton, VIC 3216
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