244 Springvale Road,
Springvale, VIC 3171

Shops & Retail • Offices • Medical & Consulting

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MAIN ROAD RETAIL INVESTMENT WITH UPSIDE

Ray White Commercial is delighted to offer via Public Auction a fantastic opportunity to acquire a stand-alone retail property right in the heart of the lively Springvale Road retail strip.

Whilst also benefitting from high exposure to busy Springvale Road, this property backs onto the renowned Springvale Shopping Centre.

Don't miss the chance to purchase this versatile commercial property surrounded by an abundance of public transport including the recently re-developed Springvale Train Station at your doorstep.

Auction Thursday 30th November 2017 @ 12:00pm On-site

Open For Inspection: Friday 24th November: 11:00am - 11:30am.

Property Details:
- Total land area of 157m2 approx.
- Total building area of 85m2 approx.
- Currently Returning $44,290 + GST + Outgoings
- Three (3) year lease commenced November 2016
- Two (2) further options of three (3) years each
- Fixed annual increases of 3%
- Future Development Potential (STCA)
- R.O.W - rear lane access
- Commercial 1 Zone (C1Z)

Paul Rizzo - 0418 688 888
Theo Karkanis - 0431 391 035

Property ID: 502610858Last Updated: 28 Jan 2018

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