Unit 4, 418 Princes Highway,
Narre Warren, VIC 3805
Offices • Shops & Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Parking info
Zoning
Tenure type
Sold on
Return
Facey Property -
10A EJ CourtDANDENONG SOUTH, VIC 3175
Unit 4, 418 Princes Highway
Narre Warren, VIC 3805
Map of Unit 4, 418 Princes Highway
Main road commercial property has hit the market as a passive investment
- Princes Highway frontage
- Lease commitment until 18/5/2027
- Outstanding presentation
This excellent office/retail space comprises air-conditioning, recently partitioned offices (by the tenant), disability access, entry via three doors if required, reception, an open plan area including a kitchenette and a common area car park.
The quality tenant 'Tammy Lobarto Hair Replacement Services' has already renewed their further lease term that provides three more years from 19/5/24, returning $48,300pa net.
This approximately 138m² space is located in a group of commercial buildings on the corner of the Princes Highway and Webb Street with great exposure.
It is also surrounded by Fountain Gate, Berwick Business Park and the Webb Street retail/business precinct, which abuts the Railway Station. Hence, it is considered a perfect location for business.
Realistically priced, the property boasts a return above 5.4% (from May 24) for the astute investor.
Enquire at www.faceyproperty.com.au to make your next move.
The quality tenant 'Tammy Lobarto Hair Replacement Services' has already renewed their further lease term that provides three more years from 19/5/24, returning $48,300pa net.
This approximately 138m² space is located in a group of commercial buildings on the corner of the Princes Highway and Webb Street with great exposure.
It is also surrounded by Fountain Gate, Berwick Business Park and the Webb Street retail/business precinct, which abuts the Railway Station. Hence, it is considered a perfect location for business.
Realistically priced, the property boasts a return above 5.4% (from May 24) for the astute investor.
Enquire at www.faceyproperty.com.au to make your next move.
Property ID: 504463204Last Updated: 23 Jan 2024
Facey Property - 10A EJ Court
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175
More properties from Facey Property -
Other properties you might be interested in based on the location and property type you are looking at.