117-119 Mentone Parade,
Mentone, VIC 3194
Shops & Retail • Offices
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Knight Frank - Eastern Office
Level 3 10 Nexus CourtMULGRAVE, VIC 3170
0402 381 3...
117-119 Mentone Parade
Mentone, VIC 3194
Map of 117-119 Mentone Parade
HIGH QUALITY FREEHOLD INVESTMENT
- New 5 x 5 year lease expiring 2028
- Net income of $80,310.88* p.a.
- 4% fixed annual increases
Knight Frank are delighted to offer for sale this securely leased prime retail investment in one of Melbourne’s most tightly held precincts.
The premises consists of 176sqm* of lettable area on the ground floor with an additional 54sqm* on the first floor with the Tenant being operational on this site for over 12 years.
The strip enjoys the benefit of being within close proximity to Mentone Train Station with neighbouring national tenants such as Westpac, Commonwealth Bank, NAB, Woolworths and Coles.
• Secure lease to Hocking Stuart Real Estate
• New 5 x 5 year lease expiring 2028
• Net income of $80,310.88* p.a.
• 4% fixed annual increases
• Building area of 230sqm
• Flexible commercial 1 Zoning
• Long term tenant
For further information please contact the exclusive agents below.
The premises consists of 176sqm* of lettable area on the ground floor with an additional 54sqm* on the first floor with the Tenant being operational on this site for over 12 years.
The strip enjoys the benefit of being within close proximity to Mentone Train Station with neighbouring national tenants such as Westpac, Commonwealth Bank, NAB, Woolworths and Coles.
• Secure lease to Hocking Stuart Real Estate
• New 5 x 5 year lease expiring 2028
• Net income of $80,310.88* p.a.
• 4% fixed annual increases
• Building area of 230sqm
• Flexible commercial 1 Zoning
• Long term tenant
For further information please contact the exclusive agents below.
Property ID: 503301634Last Updated: 10 Jun 2020
Knight Frank - Eastern OfficeLevel 3 10 Nexus Court
MULGRAVE, VIC 3170
MULGRAVE, VIC 3170
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