2/127 Merrindale Drive,
Kilsyth, VIC 3137
Shops & Retail
Price information
Sold
$900,000
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Map of 2/127 Merrindale Drive
Take away a great Investment!
This quality cafe investment is positioned on the corner of Merrindale Drive and Hi-Tech Court within the prestigious and highly sought after Merrindale Estate comprising many well established companies.
The building of 142m2* is situated on an allotment of 818m2* and features a modern open plan dining area, service area with glass display cabinet, commercial kitchen, amenities, courtyard dining area, 12 onsite car spaces, perimeter fencing and security gates.
Lease Features:
- Tenant operating as 'Industrie Cafe'
- 7 year lease starting 31st December 2016
- Rental (on settlement) $42,091.17 plus GST
- Tenant pays Outgoings
- Fixed 3.5% annual increases
- 3 x 3 year further options
- Personal Guarantee and Security deposit.
The property is easily accessible, with Dorset Road, Canterbury Road, Mount Dandenong Road and Eastlink via the Ringwood Bypass all within close proximity.
*Approx.
Pricing excludes GST
The building of 142m2* is situated on an allotment of 818m2* and features a modern open plan dining area, service area with glass display cabinet, commercial kitchen, amenities, courtyard dining area, 12 onsite car spaces, perimeter fencing and security gates.
Lease Features:
- Tenant operating as 'Industrie Cafe'
- 7 year lease starting 31st December 2016
- Rental (on settlement) $42,091.17 plus GST
- Tenant pays Outgoings
- Fixed 3.5% annual increases
- 3 x 3 year further options
- Personal Guarantee and Security deposit.
The property is easily accessible, with Dorset Road, Canterbury Road, Mount Dandenong Road and Eastlink via the Ringwood Bypass all within close proximity.
*Approx.
Pricing excludes GST
Property ID: 503353190Last Updated: 2 Jan 2020
CVA Property Consultants - Melbourne
18-20 Russell StreetMELBOURNE, VIC 3000
2/127 Merrindale Drive
Kilsyth, VIC 3137
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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