Unit 9/286-288 Maroondah Highway,
Chirnside Park, VIC 3116
Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail
Price information
Sold
$1,675,000
Key property information
Floor area
Zoning
Tenure type
Sold on
Map of Unit 9/286-288 Maroondah Highway
Secure & Well Established Investment
- Returning $118,014 per annum net
- Strong 3.0% fixed annual increases
- Long standing tenant
Cushman and Wakefield is pleased to present to market this securely leased investment situated in Chirnside Park’s thriving retail commercial precinct.
Situated on Maroondah Highway major occupiers surrounding the subject property include Harvey Norman, Bunnings Warehouse, Autobarn, Petbarn, JB Hi Fi, Fernwood, Beacon Lighting among others.
Leased to long standing tenant Acespace Pty Ltd, the property consists of a concrete tilt panel unit currently occupied as a Children’s indoor play centre. Total building area is approximately 850 square metres.
Main features include:
• Renewed 5 year lease commencing 1 March 2019
• Leased to well established tenant Ace Space Children's Play Centre
• Returning $118,014 per annum net
• Building area of 850 square metres approximately
• Strong 3.0% fixed annual increases
• Options 2x5 years each
• Excellent signage and exposure on Maroondah Highway
• Zoned Commercial 2
Offered for immediate Private Sale
Please contact Robert Colaneri for further information.
Situated on Maroondah Highway major occupiers surrounding the subject property include Harvey Norman, Bunnings Warehouse, Autobarn, Petbarn, JB Hi Fi, Fernwood, Beacon Lighting among others.
Leased to long standing tenant Acespace Pty Ltd, the property consists of a concrete tilt panel unit currently occupied as a Children’s indoor play centre. Total building area is approximately 850 square metres.
Main features include:
• Renewed 5 year lease commencing 1 March 2019
• Leased to well established tenant Ace Space Children's Play Centre
• Returning $118,014 per annum net
• Building area of 850 square metres approximately
• Strong 3.0% fixed annual increases
• Options 2x5 years each
• Excellent signage and exposure on Maroondah Highway
• Zoned Commercial 2
Offered for immediate Private Sale
Please contact Robert Colaneri for further information.
Property ID: 503250390Last Updated: 17 Oct 2023
03963175...
Unit 9/286-288 Maroondah Highway
Chirnside Park, VIC 3116
Cushman & Wakefield - South EastGround Floor, 5 Nexus Court
MULGRAVE, VIC 3170
MULGRAVE, VIC 3170
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