Lot 1 and Lot 2, 68-70 Jumping Creek Rd,
Wonga Park, VIC 3115
Shops & Retail • Development Sites & Land
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Car spaces
Zoning
Municipality
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$196,848
Number of Tenants
3 Tenants
Tenants / Type
Supermarket, Hairdresser, Spa
Private inspections
to arrange a private inspection.
Map of Lot 1 and Lot 2, 68-70 Jumping Creek Rd
Bus stops within 5 km of Lot 1 and Lot 2, 68-70 Jumping Creek Rd, Wonga Park, VIC 3115 Distance Yarra Rd/Jumping Creek Rd (Wonga Park) 49 m Dudley RdJumping Creek Rd 54 m Toppings Rd/Yarra Rd (Wonga Park) 358 m 30 Jumping Creek Rd 476 m 19 Jumping Creek Rd 498 m POWERED BY HERE ©
POWERED BY HERE ©
Investment PLUS Development Opportunities
- Corner Main Road property
- Supermarket + 3 shops
- Residential development opportunity
KBL Commercial has the pleasure in offerings for Private Sale 68-70 Jumping Creek Road, Wonga Park.
This Rare Corner Main Road property provides the fortunate buyer with multiple options as followings.
Lot 1: A Commercial Zoned site with 3 tenants over 4 tenancies with the major tenant being the IGA supermarket + Liquor store
PLUS
Lot 2: 1,008m²* of Residential Zoned land with future development to value add.
This unique opportunity is to purchase 1 or both sites for a total of 2,175m²* in this tightly held leafy Melbourne suburb.
Jumping Creek Road is going through a major reconstruction plan to increase overall safety of the road and create a better access in and out of the corner site.
The Commercial Zoned site (Lot 1) has an IGA Supermarket plus Liquor store, a Hairdresser, a Day Spa with a total current rent of $196,848.39 per annum plus GST plus Outgoings.
IGA rent $105K per annum plus GST plus Outgoings
IGA lease commencement 1 April 2024
IGA term 5 x 5 x 5 x 5
IGA yearly reviews 4% per annum per year straight.
The adjoining Residential Land (Lot 2) offers the potential to build complimentary residential and/or commercial outcomes (STCA).
Please consider this value-add opportunity.
This Rare Corner Main Road property provides the fortunate buyer with multiple options as followings.
Lot 1: A Commercial Zoned site with 3 tenants over 4 tenancies with the major tenant being the IGA supermarket + Liquor store
PLUS
Lot 2: 1,008m²* of Residential Zoned land with future development to value add.
This unique opportunity is to purchase 1 or both sites for a total of 2,175m²* in this tightly held leafy Melbourne suburb.
Jumping Creek Road is going through a major reconstruction plan to increase overall safety of the road and create a better access in and out of the corner site.
The Commercial Zoned site (Lot 1) has an IGA Supermarket plus Liquor store, a Hairdresser, a Day Spa with a total current rent of $196,848.39 per annum plus GST plus Outgoings.
IGA rent $105K per annum plus GST plus Outgoings
IGA lease commencement 1 April 2024
IGA term 5 x 5 x 5 x 5
IGA yearly reviews 4% per annum per year straight.
The adjoining Residential Land (Lot 2) offers the potential to build complimentary residential and/or commercial outcomes (STCA).
Please consider this value-add opportunity.
Property ID: 504518636Last Updated: 10 May 2024
0417 586 7...
Lot 1 and Lot 2, 68-70 Jumping Creek Rd
Wonga Park, VIC 3115
KBL Commercial - MelbourneSuite 201, 566 St Kilda Road
MELBOURNE, VIC 3004
MELBOURNE, VIC 3004
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