| House | $1,835,800  |
| Unit | $451,000 |
Surrounding suburbs
| Brighton | $2,365,700  |
| Brighton East | $2,195,500 |
| Caulfield South | $1,736,900 |
| Elsternwick | $2,012,000 |
| More Photos |
| Map | Nearby prices |
| Property Description: |
AUCTION: WEDNESDAY 5 OCTOBER AT 12 NOON ON SITE Located on the corner of Nepean Highway and Gardenvale Road in the 'Golden Mile', this two storey building has undergone refurbishments and is now fully tenanted, with new leases providing solid income for the savvy investor. The property offers following investment attributes: * Total rental of $88,819 per annum (plus GST) * Three tenancies: hair dresser, massage therapy and media company * Annual rent increases, all tenants paying usual outgoings (excluding shop 2) * Long term leases on varying terms * Total building area of 280sqm (approx.) * All destination tenants - ideal for this high profile building * Long term holding - trophy investment for your portfolio * Enormous combined frontage 36.57m approx * Future potential for outdoor signage (STCA) * One of the most prominent buildings on Nepean Highway The property, which has amazing exposure both ways to approximately 80,000 cars passing daily, has great customer car parking in the service lane and sits on an iconic part of the highway. Gardenvale Train Station is a two minute walk away as areRead more Lot/Plan No: 1/TP431678 |
| Planning History: |
| [22 Oct 1987] TO ATTACH A NEW BUSINESS SIGN TO THE FASCIA OF SHOP |
| [16 May 2001] Alts and additions. |
| [29 Jun 2016] Parking Dispensation and Signage |
| [23 Mar 2021] Noone can inform us what the previous tenant was apart for being a dance business as they had installed a dance floor. We will be operating as a dance studio. |
| Search neighbour's planning permit |
| Property report from Government |
| Nearby Schools: | ||||||||||||
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| Comments: | |
