154 Mascoma Street,
Strathmore, VIC 3041

Shops & Retail

Price information

Sold

$1,026,000

Key property information

Floor area

Tenure type

Sold on

Map of 154 Mascoma Street

Directions

Private Sale - Proudly Offered by Pennisi

High-profile premises, with a quality tenant, that have become part of the fabric of Strathmore.

The Essentials:
Cool room
Cafe and Kitchen area
Separate office
Bathroom facilities

The Numbers:
Rent: $60,000 per annum plus GST

Outgoings Paid by the Tenant:
Rates $611 per quarter
Water $907 per quarter

Tenant: IGA - Cellarbrations Local Grocer and Liquor
Lease Term: Until 2028, with further 5-year options
Rent Reviews: CPI plus market reviews at end of term

The Village:
Brilliantly located on busy Mascoma Street, with its small but vibrant strip of shops and a local inner city atmosphere.
Easy access to parkland, transport, Citylink, and Essendon Fields.

The Clincher
If you are looking for a quality, long-term investment, then don't go past this one.

Call Andrew Pennisi today to book your private inspection or for more information.

Property ID: 504751308Last Updated: 5 Jan 2025

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