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DUAL TENANCY FREEHOLD INVESTMENT

409 Keilor Road, NIDDRIE VIC, 3042

For Sale

Property for Sale in 409 Keilor Road, NIDDRIE VIC, 3042

Gorman Commercial Real Estate

415 Riversdale Rd, Hawthorn East, VIC 3123

Listing ID:
11344696
Status:
Active
For:
Sale
Last Updated:
15/05/2019
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Property Type

Retail/Offices
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Land Area

N/A
Icon size

Floor Area

340 SQM
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Parking

N/A

DUAL TENANCY FREEHOLD INVESTMENT

Gorman Commercial is pleased to offer this securely leased two-level retail investment in one of Melbourne's most tightly held and renowned retail strips for sale by public auction on Friday 31st May 2019 at 12 noon on-site.

Key features of the property are highlighted below.

Ground Floor:
* Leased to PN Nails & Spa
* Building area: 170 sqm approx.
* Income $60,646 p.a. + GST
* Lease term: 5 + 5 years (comm't 2015)

First Floor:
* Leased to Meade & Associates lawyers
* Building area: 170 sqm approx.
* Income: $45,414 p.a. + GST
* Lease term: 3 + 3 + 3 years (comm't 2017)

Perfectly positioned on the southern side of Keilor Road opposite national tenants Nandos and La Porchetta. Niddrie Central Shopping Centre is just 50m to the east and is anchored by national tenants Woolworths, 7-Eleven, BWS and Chemist Warehouse.

For more details, please email agent

Gorman Commercial Real Estate

415 Riversdale Rd, Hawthorn East, VIC 3123

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