11 Mahoneys Road,
Reservoir, VIC 3073
Shops & Retail • Warehouse, Factory & Industrial • Medical & Consulting
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
11 Mahoneys Road
Reservoir, VIC 3073
Map of 11 Mahoneys Road
Grow Your Commercial Property Portfolio
- Nursery Operating Since 1999
- High Exposure Location
- 5+5+5 Year Lease
Savills is delighted to offer for sale this prosperous investment property occupied by a successful bonsai nursery for over 20 years. The property is well located in Melbourne’s northern suburbs, surrounded by complementary retail options.
Key attributes of the property include:
• Occupied by the longstanding ‘Orient Bonsai Nursery’ with new built improvements
• 5+5+5 year lease (with current term expiring in Feb 2025)
• Returning $80,340pa* + GST
• 3% fixed annual rental increases
• Underpinned by 1,327sqm* landholding
• General Residential Zone 1 with future development potential
• Dual frontage to Mahoneys Road and Asquith Street
• Moments from Keon Park Train Station
• Direct access to arterial roads including High Street and the Metropolitan Ring Road
*Approximate
SOLD
For further information please contact:
Glenn Ye - 0476 938 888
Julian Heatherich - 0412 995 6...
Tanya Su - 0430 302 9...
Key attributes of the property include:
• Occupied by the longstanding ‘Orient Bonsai Nursery’ with new built improvements
• 5+5+5 year lease (with current term expiring in Feb 2025)
• Returning $80,340pa* + GST
• 3% fixed annual rental increases
• Underpinned by 1,327sqm* landholding
• General Residential Zone 1 with future development potential
• Dual frontage to Mahoneys Road and Asquith Street
• Moments from Keon Park Train Station
• Direct access to arterial roads including High Street and the Metropolitan Ring Road
*Approximate
SOLD
For further information please contact:
Glenn Ye - 0476 938 888
Julian Heatherich - 0412 995 6...
Tanya Su - 0430 302 9...
Additional information
Property ID: 504003375Last Updated: 31 Aug 2022
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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