66 Koornang Road,
Carnegie, VIC 3163
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 66 Koornang Road
Prized Carnegie Freehold Investment
- Highly Sought After Retail Location
- Long Lease To Established Tenant
- Surrounded by National Retailers
- Excellent restaurant premises prominently positioned within Koornang Road’s booming retail and hospitality precinct
- Surrounded by leading National retailers including Woolworths, Aldi, all major Banks and a host of well-regarded eateries
- Leased to popular restaurant tenant trading as Pho66
- Lease term: 7 x 5 x 5 x 5 years
- Rental: $84,872 per annum approx. plus outgoings and GST (from April 2017)
- Land Area: 212m2 approx.
- Building Area: 150m2 approx.
- Includes rear access via right of way
- Located metres from the new Carnegie Railway Station currently under construction which is part of the State Government's $5 billion level crossing removal initiative (due for completion in 2017)
- The property’s future value is underpinned by a rapidly growing residential catchment with a major transformation currently underway within the Koornang Road Acitivity Centre with a number of high rise residential developments completed nearby and approximately 15 others in various stages of planning and development
- Zoning: Commercial 1
- Significant future value add potential (stca)
- Outstanding opportunity to invest in one of Melbourne’s most successful and tightly held shopping strips
- Surrounded by leading National retailers including Woolworths, Aldi, all major Banks and a host of well-regarded eateries
- Leased to popular restaurant tenant trading as Pho66
- Lease term: 7 x 5 x 5 x 5 years
- Rental: $84,872 per annum approx. plus outgoings and GST (from April 2017)
- Land Area: 212m2 approx.
- Building Area: 150m2 approx.
- Includes rear access via right of way
- Located metres from the new Carnegie Railway Station currently under construction which is part of the State Government's $5 billion level crossing removal initiative (due for completion in 2017)
- The property’s future value is underpinned by a rapidly growing residential catchment with a major transformation currently underway within the Koornang Road Acitivity Centre with a number of high rise residential developments completed nearby and approximately 15 others in various stages of planning and development
- Zoning: Commercial 1
- Significant future value add potential (stca)
- Outstanding opportunity to invest in one of Melbourne’s most successful and tightly held shopping strips
Additional information
Documents
Property ID: 502302434Last Updated: 27 Nov 2017
66 Koornang Road
Carnegie, VIC 3163
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.