Tenancies 1-2 & 3-4, 269 Robinsons Road,
Ravenhall, VIC 3023
Shops & Retail
Price information
Sold
$2,500,000
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Map of Tenancies 1-2 & 3-4, 269 Robinsons Road
Retail Investment with Dual Income Stream
CVA Property Consultants are pleased to offer an exciting investment opportunity known as Tenancies 1-2 & 3-4, 269 Robinsons Road, Ravenhall via Deadline Sale NOW CLOSED.
Situated on a total site area of 2,224m2* the property accommodates 55 customer car spaces and a combined building area of 425m2*.
Providing an attractive combined rental income of $171,915.50 per annum net (from December 2017), the investment can be summarised as follows;
Tenancy 1-2 - R & Mannat Pty Ltd (Memories of India)
- Rental Return: $86,528.00 per annum net (from December 2017)
- Commencement Date: 14 December 2015
- Lease Term*: Six (6) + Five (5) years
- Reviews: 4% annually. Market review at option
- Building area: 217m2*
Tenancy 3-4- De Lacey Investments Pty Ltd (The Eating Station)
- Current Rental: $85,387.50 per annum net
- Commencement Date: 1 March 2016
- Lease Term: Ten (10) + Five (5) + Five (5) + Five (5) years
- Reviews: 3.5% annually. Market review at option
- Building area: 208m2*
The high profile site is located 22km* west of the Melbourne CBD at the entrance of Pellicano's Orbis Business Park and sits opposite a large scale residential catchment area . This convenient location is 1.5km* from Western Freeway and associated linkage to the Western Ring Road.
For further information please contact CVA Property Consultants.
* Please refer to tenancy schedule.
Situated on a total site area of 2,224m2* the property accommodates 55 customer car spaces and a combined building area of 425m2*.
Providing an attractive combined rental income of $171,915.50 per annum net (from December 2017), the investment can be summarised as follows;
Tenancy 1-2 - R & Mannat Pty Ltd (Memories of India)
- Rental Return: $86,528.00 per annum net (from December 2017)
- Commencement Date: 14 December 2015
- Lease Term*: Six (6) + Five (5) years
- Reviews: 4% annually. Market review at option
- Building area: 217m2*
Tenancy 3-4- De Lacey Investments Pty Ltd (The Eating Station)
- Current Rental: $85,387.50 per annum net
- Commencement Date: 1 March 2016
- Lease Term: Ten (10) + Five (5) + Five (5) + Five (5) years
- Reviews: 3.5% annually. Market review at option
- Building area: 208m2*
The high profile site is located 22km* west of the Melbourne CBD at the entrance of Pellicano's Orbis Business Park and sits opposite a large scale residential catchment area . This convenient location is 1.5km* from Western Freeway and associated linkage to the Western Ring Road.
For further information please contact CVA Property Consultants.
* Please refer to tenancy schedule.
Property ID: 502608382Last Updated: 2 Oct 2019
04183431...
Tenancies 1-2 & 3-4, 269 Robinsons Road
Ravenhall, VIC 3023
CVA Property Consultants - Melbourne18-20 Russell 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.
Contact Agent
Fantastic Furniture, 1093 Western Hwy,Ravenhall, VIC 3023 2400 m²Shops & Retail • Offices • Showrooms & Large Format Retail
