Share this property

realcommercial.com.au
CVA Property Consultants - Melbourne

107 Keilor Road Essendon, VIC 3040

Directions

107 Keilor Road,
Essendon, VIC 3040

Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Zoning

Tenure type

Sold on

CVA Property Consultants - Melbourne
Luca Angelico
Ian Angelico

CVA Property Consultants - Melbourne

18-20 Russell Street
MELBOURNE, VIC 3000
CVA Property Consultants - Melbourne
107 Keilor Road
Essendon, VIC 3040

Map of 107 Keilor Road

Directions

ESSENDONS AUTOMATIC PORTFOLIO STAND OUT

POINT OF INTEREST:
A flagship automotive workshop amongst Essendon’s prominent commercial strip; this is an investment to the tune of guaranteed success. Standing tall amongst big-name titans like KFC, Midas, McDonald's and 400 Gradi, this asset holds its own with 839 sqm* of land and 220 sqm* of building on top. More specifically, the property is made up of workshop, office and amenities storage space, but the nationally recognised and trusted tenant has occupied the property for 35 years, proving there is long-term loyalty here. These customers could come from the frontage exposure to 14,000 cars on a daily basis, or perhaps the connection to the residential community that surrounds the neighbourhood (like the primary school that sits opposite). Either way, the convenient on-site parking welcomes them in, and the seamless access to the Tullamarine Freeway offers a clever connection to the rest of Melbourne. And when cars aren’t in the picture, the 59-tram and the 477-bus are quite literally on the doorstep, too.

-    Returning $83,288 p.a + outgoings & GST.
-    5 + 5 year lease commenced 1st October 2022.
-    839 sqm* total land area.
-    Commercial 1 zoning.
-    18.3 m* frontage to Keilor Road.
-    On-site car parking.
-    Over 14,000 passing vehicles daily.
-    640 m* to Bulla Road.
-    700 m* to the Tullamarine Freeway.


POINT OF VIEW:
A 35-year residency paired with Australia’s biggest brands setting up shop here for good; others have already run the numbers so you can ring ours.


*Approx.
Pricing excludes GST

Property ID: 504332448Last Updated: 24 Aug 2023

Make an enquiry

What's your enquiry about?

Enter your details

More properties from CVA Property Consultants - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.