154 Rosebank Avenue,
Clayton, VIC 3168
Offices • Shops & Retail • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Parking info
Zoning
Tenure type
Map of 154 Rosebank Avenue
Development Opportunity with Income
- FAVOURABLE COMMERCIAL 1 ZONING
- SHOP, DWELLING & REAR ACCESS
- INVEST OR DEVELOP (STCA)
Crabtrees are pleased to offer for sale by public auction this excellent retail investment property with development upside (STCA).
Lease details:
+ 3 year lease from 1st April 2016 with two 3 year options (includes 6 month demolition clause)
+ Currently returning $19,570.82 per annum net
+ Annual 3% rent increases with market review in 2019 & 2022
+ All outgoings are payable by the lessee
Features:
+ Total land area of 426m² approximately
+ Total building area of 150m² approximately
+ Favourable Commercial 1 Zoning
+ Retail shop of 82m² approximately
+ Two bedroom dwelling to the rear
+ Convenient rear access with off street parking
+ Suit multi-level mixed use development site (STCA)
Situated within walking distance to Westall Secondary College, Westall Train Station, Bus stop, parklands, local shops, post office and only minutes away from Monash Medical Centre, Clayton Shopping District, Clayton Community Centre, IKEA/Spotlight Shopping Centre and in close proximity to Monash University.
Over recent years there have been numerous developments within the immediate area completed, currently under construction or soon to commence (including the adjacent property).
Located in a tightly held retail strip this is a very rare opportunity to secure an investment with development upside.
AUCTION: WEDNESDAY 4TH OCTOBER AT 11:00AM ON SITE
Lease details:
+ 3 year lease from 1st April 2016 with two 3 year options (includes 6 month demolition clause)
+ Currently returning $19,570.82 per annum net
+ Annual 3% rent increases with market review in 2019 & 2022
+ All outgoings are payable by the lessee
Features:
+ Total land area of 426m² approximately
+ Total building area of 150m² approximately
+ Favourable Commercial 1 Zoning
+ Retail shop of 82m² approximately
+ Two bedroom dwelling to the rear
+ Convenient rear access with off street parking
+ Suit multi-level mixed use development site (STCA)
Situated within walking distance to Westall Secondary College, Westall Train Station, Bus stop, parklands, local shops, post office and only minutes away from Monash Medical Centre, Clayton Shopping District, Clayton Community Centre, IKEA/Spotlight Shopping Centre and in close proximity to Monash University.
Over recent years there have been numerous developments within the immediate area completed, currently under construction or soon to commence (including the adjacent property).
Located in a tightly held retail strip this is a very rare opportunity to secure an investment with development upside.
AUCTION: WEDNESDAY 4TH OCTOBER AT 11:00AM ON SITE
Property ID: 502542266Last Updated: 30 Nov 2017
03 9567 88...
154 Rosebank Avenue
Clayton, VIC 3168
Crabtrees Real Estate - Melbourne 1/11-15 Smeaton Avenue Dandenong South & 20-22 Atherton Road
OAKLEIGH, VIC 3166
OAKLEIGH, VIC 3166
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
