1146-1148 North Road,
Oakleigh South, VIC 3167
Shops & Retail
Price information
Sold
$1,950,000
Key property information
Floor area
Car spaces
Zoning
Tenure type
Sold on
Vinci Carbone Property Pty Ltd - Melbourne
Level 10, 100 Collins StreetMELBOURNE, VIC 3000
1146-1148 North Road
Oakleigh South, VIC 3167
Map of 1146-1148 North Road
PREMIUM PHARMACY INVESTMENT
- HIGH PROFILE RETAIL PREMISES OF 260 SQM*
- LONG LEASE TO 2028 PLUS OPTIONS TO 2038
- ADJOINING DAN MURPHY'S CAR PARK
Vinci Carbone is pleased to offer for sale this highly sought after healthcare sector investment in a superior Oakleigh South location.
An extremely desired investment opportunity secured by Direct Chemist Outlet with a long lease to 2028 plus options to 2038 with fixed annual increases, providing excellent rental growth.
Key Investment Highlights:
High profile retail premises of 260 sqm* providing a high quality fit out
Leased to a well-known recognised brand, Direct Chemist Outlet on a long lease to 2028 plus options to 2038
Returning $81,461 per annum* plus outgoings with fixed annual increases
10 car parks on Title, also adjoining Dan Murphy’s car park
Significant high exposure frontage to North Road
Rare opportunity for investors to acquire a highly sought after healthcare sector investment in a premium location
Located within the North Road retail village which adjoins the renowned Dan Murphy’s, the property is also within direct proximity to Monash Medical Precinct and Monash University Clayton Campus.
The property is also well serviced by public transport with bus services operating along North Road and Warrigal Road and is also within walking distance to Huntingdale and Oakleigh Train Stations.
For Sale by Public Auction Thursday 8 June 2023 at 2.30pm on site.
*approx.
An extremely desired investment opportunity secured by Direct Chemist Outlet with a long lease to 2028 plus options to 2038 with fixed annual increases, providing excellent rental growth.
Key Investment Highlights:
High profile retail premises of 260 sqm* providing a high quality fit out
Leased to a well-known recognised brand, Direct Chemist Outlet on a long lease to 2028 plus options to 2038
Returning $81,461 per annum* plus outgoings with fixed annual increases
10 car parks on Title, also adjoining Dan Murphy’s car park
Significant high exposure frontage to North Road
Rare opportunity for investors to acquire a highly sought after healthcare sector investment in a premium location
Located within the North Road retail village which adjoins the renowned Dan Murphy’s, the property is also within direct proximity to Monash Medical Precinct and Monash University Clayton Campus.
The property is also well serviced by public transport with bus services operating along North Road and Warrigal Road and is also within walking distance to Huntingdale and Oakleigh Train Stations.
For Sale by Public Auction Thursday 8 June 2023 at 2.30pm on site.
*approx.
Property ID: 504316812Last Updated: 4 Aug 2023
Vinci Carbone Property Pty Ltd - MelbourneLevel 10, 100 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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