Share this property

realcommercial.com.au

38 Batman Avenue Sunbury, VIC 3429

Directions

38 Batman Avenue,
Sunbury, VIC 3429

Shops & Retail

Price information

Sold

$650,000

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 38 Batman Avenue

Directions

Solid Investment -5.4% Net Return/3% Fixed Increases

This is certainly an extremely rare opportunity for the savvy investor. Tightly held in one of our well established , busy and diverse strip shopping precincts. Commercial investment is all about enjoying solid returns and steady capital growth and we believe this property represents fantastic value.

- $37,133 yearly rental income (5.4% return approx.)
- Well Established long term Bakery ( 36 years! )
- New Lease commenced 14/03/24 5 years with annual 3% rises.
- Tenant pays all outgoings
- 2 further terms of 5 year options
- Floor space 110sqm (approx.) secure rear yard ,
- Private rear parking/delivery via rear lane access.
- Total Land size 185sqm ( approx )

There is no better place to own a Commercial investment property. The expanding township of Sunbury is located in one of the fastest growing municipalities in Melbourne with current rapid residential development and huge future expansion plans. Just 15 mins to Melbourne Airport and 35 minutes to Melbourne CBD (approx).

Please call for full documentation.




Please note we require photo ID when attending opens.

In preparing this information, Ray White Sunbury has used our best endeavours to ensure that the statements contained herein are true and accurate. All information (including but not limited to the property area, floor size, price, address and general property description) has been provided to Ray White Sunbury by third parties. As such, Ray White Sunbury makes no statement, representation, or warranty and assumes no legal liability in relation to the accuracy, context or suitability for any purpose of the information provided in advertising the property. Prospective purchasers should conduct their own due diligence and inquiries to verify the information independently.

We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information

http://www.consumer.vic.gov.au/duediligencechecklist

Additional information

Property ID: 504567628Last Updated: 30 Aug 2024

04183727...
realcommercial.com.au logo
38 Batman Avenue
Sunbury, VIC 3429
Ray White - Sunbury
6 Brook Street
SUNBURY, VIC 3429

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Ray White - Sunbury

Other properties you might be interested in based on the location and property type you are looking at.