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Colliers - Melbourne East

77 Martins Lane Viewbank, VIC 3084

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77 Martins Lane,
Viewbank, VIC 3084

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Colliers - Melbourne East
Ben Baines
Eddie Foulkes
Lucas Soccio

Colliers - Melbourne East

Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
Colliers - Melbourne East
77 Martins Lane
Viewbank, VIC 3084

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Quality Suburban Investment with Attractive Lease Fundamentals

  • Leased with Options until 2043
  • 4.00% Annual Increases
  • Favourable Commercial 1 Zoning
Colliers is pleased to present 77 Martins Lane, Viewbank for sale via on-site Public Auction on Friday 1 November at 12:30pm (AEDT).
On offer is a split-level freehold mixed-use property comprising of retail accommodation plus a two (2) bedroom residence with a large garage. The property is ideally situated within close proximity to transport and educational amenities.

The key highlights of the opportunity include:

- Suburban Milk Bar with 2-bedroom residence totalling 342sqm*

- Rental of $53,487* per annum + GST with 4.00% annual increases

- Recently renewed lease expiring March 2033 plus 2 x 5-year options

- Longstanding tenant who has traded from the property since 2012

- The only retail strip in Viewbank, servicing an affluent resident population of 6,912^

- Substantial Commercial 1 Zoned site of 374sqm*, allowing for flexible future development outcomes (STCA)


For further information or to arrange an inspection please contact the exclusive selling agents below:

Eddie Foulkes | 0405 890 9...
Ben Baines | 0438 328 4...
Lucas Soccio | 0421 428 9...

*Approximate
^CoreLogic

Property ID: 504701828Last Updated: 1 Nov 2024

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