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CVA Property Consultants - Melbourne

397 Keilor Road Niddrie, VIC 3042

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397 Keilor Road,
Niddrie, VIC 3042

Shops & Retail

Price information

Sold

$1,500,000

Key property information

Land area

Floor area

Zoning

Tenure type

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Map of 397 Keilor Road

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A Bankable Investment!

Situated in the heart of Keilor Road, the two storey solid brick retail investment currently leased to Qudos Bank features a generous ground floor layout with open plan offices, 3 glass partitioned offices and ducted cooling. The secure internal stair access leads to the first floor and comprises an additional mixture of open plan and partitioned offices, staff amenities and kitchenette. The property further benefits from rear ROW access, lock-up garage and tandem parking for up to 6 vehicles.

Investment Summary;
- Tenant: Qudos Mutual Ltd
- Return: $68,640.00 per annum net
- Term: Five (5) years + Five (5) years
- Commencement: 29th July 2017
- Reviews: Annual 4%

Property Summary:

- Total building area: 190m2*
- Total land area: 228m2*
- Rear ROW access
- On-site parking for 6 vehicles
- Commercial 1 Zone

Centrally positioned with the tram services at its doorstep, the property is within walking distance to Niddrie Central Shopping Centre anchored by Woolworths, 7-Eleven, My Chemist and a host of local cafe's and restaurants along this busy retail strip. The property also provides convenient access to the Tullamarine Freeway and its associated linkages to other major arterials and Essendon Fields which are within 1.8km* of the site.

CVA Property Consultants are pleased to offer 397 Keilor Road, Niddrie for Public Auction on Thursday 21st March 2019 at 12pm on-site.

For further information please contact CVA Property Consultants.

** STRICTLY NO INSPECTIONS ON AUCTION DAY **

*Approx
Pricing excludes GST. (Auction Terms:10% deposit. Balance 60 days)

Property ID: 503103878Last Updated: 20 May 2019

CVA Property Consultants - Melbourne

18-20 Russell Street
MELBOURNE, VIC 3000
04318927...
CVA Property Consultants - Melbourne
397 Keilor Road
Niddrie, VIC 3042
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