Added 4 days ago
381 High Street,
Melton, VIC 3337
Shops & Retail • Other
Added 4 days ago
Price information
Sale
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Map of 381 High Street
Train stations within 5 km of 381 High Street, Melton, VIC 3337 Distance Melton Station 2.3 km Cobblebank Station 3.8 km POWERED BY HERE ©Bus stops within 5 km of 381 High Street, Melton, VIC 3337 Distance Alexandra St/High St (Melton) 137 m Alexandra StUnitt St 241 m Melton Bus Interchange/Palmerston St (Melton) 268 m High St/Station Rd (Melton) 284 m Unitt St/O'Neills Rd (Melton) 340 m POWERED BY HERE ©
POWERED BY HERE ©
PROUDLY RAY WHITE DEER PARK
This property presents an exceptional investment opportunity for astute investors or business owners alike.
This tightly held pocket of High Street provides great exposure to high foot traffic and excellent visibility.
With a reliable tenant already in place and surrounded by renowned brands, this commercial space promises excellent returns and long-term value.
Investment opportunity includes:
- Current lease at $51,480 INC GST per annum. ($4,290 INC GST per month).
- Lease commenced August 2022.
- Lease term = 4 + 4 + 4.
- 100% of building outgoings are covered by the renter, ensuring hassle-free ownership.
- 4% CPI rent review per annum.
- Rent due to increase by the 4% CPI this August 2024.
- Estimate outgoings $10,000 approx. per annum.
- Exposure to major transport links, including the Western Fwy and Melton Train Station, making it easily reachable from surrounding areas.
This is an excellent investment prospect in a vibrant commercial area, with its bustling commercial strip that attracts both locals and visitors.
For any further information or to book an inspection please contact Leigh Grixti on 0414 098 5....
(Photo ID is Required at all private inspections)
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent.
This tightly held pocket of High Street provides great exposure to high foot traffic and excellent visibility.
With a reliable tenant already in place and surrounded by renowned brands, this commercial space promises excellent returns and long-term value.
Investment opportunity includes:
- Current lease at $51,480 INC GST per annum. ($4,290 INC GST per month).
- Lease commenced August 2022.
- Lease term = 4 + 4 + 4.
- 100% of building outgoings are covered by the renter, ensuring hassle-free ownership.
- 4% CPI rent review per annum.
- Rent due to increase by the 4% CPI this August 2024.
- Estimate outgoings $10,000 approx. per annum.
- Exposure to major transport links, including the Western Fwy and Melton Train Station, making it easily reachable from surrounding areas.
This is an excellent investment prospect in a vibrant commercial area, with its bustling commercial strip that attracts both locals and visitors.
For any further information or to book an inspection please contact Leigh Grixti on 0414 098 5....
(Photo ID is Required at all private inspections)
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent.
Additional information
External websites
Property ID: 504633312Last Updated: 11 Jul 2024
04140985...
381 High Street
Melton, VIC 3337
Ray White Deer Park - DEER PARKShop 1 & 2, 87 Station Road
DEER PARK, VIC 3023
DEER PARK, VIC 3023
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