119 Gardenvale Road,
Gardenvale, VIC 3185
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Fantastic Four Investment
Nichols Crowder is delighted to offer to the market a substantial freehold commercial investment which is fully leased to four quality tenants. Located in a tightly held mixed use retail strip, this unique opportunity is a rare and affordable offering for the astute investor.
The investment is highlighted by:
* Secure income stream of $57,060 pa gross (as at 3 June 2017)
* 4 separate offices - fully leased to 4 tenants
* High quality offices with good security and amenities
* Total building area: 111sqm approx.
* Annual rental increases
* All relatively new leases
* Stand alone freehold (no Owners Corporation)
* Major land parcel: 278sqm approx. (Commercial 1 zoning)
* Tenancy areas allow affordability for tenants resulting in little vacancy
* Affluent Bayside location close to Gardenvale train station and popular cafes/eateries
* Easy access to Melbourne CBD and Bayside via nearby Nepean Highway
Stand-alone and affordable investments are rarely offered to the market and this opportunity is perfect for your portfolio.
For further information and contracts contact:
JULIAN VAUTIN - 0420 406 6... or julianv@nicholscrowder.com.au
JAMES GLEN - 0401 493 2... or jamesg@nicholscrowder.com.au
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.
The investment is highlighted by:
* Secure income stream of $57,060 pa gross (as at 3 June 2017)
* 4 separate offices - fully leased to 4 tenants
* High quality offices with good security and amenities
* Total building area: 111sqm approx.
* Annual rental increases
* All relatively new leases
* Stand alone freehold (no Owners Corporation)
* Major land parcel: 278sqm approx. (Commercial 1 zoning)
* Tenancy areas allow affordability for tenants resulting in little vacancy
* Affluent Bayside location close to Gardenvale train station and popular cafes/eateries
* Easy access to Melbourne CBD and Bayside via nearby Nepean Highway
Stand-alone and affordable investments are rarely offered to the market and this opportunity is perfect for your portfolio.
For further information and contracts contact:
JULIAN VAUTIN - 0420 406 6... or julianv@nicholscrowder.com.au
JAMES GLEN - 0401 493 2... or jamesg@nicholscrowder.com.au
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.
Property ID: 502369150Last Updated: 26 Oct 2021
119 Gardenvale Road
Gardenvale, VIC 3185
Nichols Crowder Property Solutions - Moorabbin358 South Road
MOORABBIN, VIC 3189
MOORABBIN, VIC 3189
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