Crabtrees Real Estate are pleased to offer for sale by auction this highly desirable retail investment in a premier location.
The property’s features include:
+ Securely leased to an established tenant
+ Prime corner location in the heart of Mentone
+ Large shop plus unique two level rear building
+ Outstanding location in the premier Mentone retail precinct
+ Strong demographics, situated amongst four private schools
+ Total land area of 200sqm*
+ Total building area of 198sqm*
+ Side laneway access
+ Activity Centre Zoning
+ Future development potential (STCA)
+ Meters from the soon to be upgraded Mentone train station with buses on your doorstep
+ Next to Australia Post and opposite Coles Car Park
+ Close to major retailers including Chemist Warehouse, Woolworths, Bakers Delight, Bank OF Melbourne, NAB, ANZ, Westpac, La Porchetta and many more
+ Rent: $32,327p/a NET plus outgoings
+ Term: 6 years from 1st January 2018
+ Further Term: 3 + 3 years
+ Reviews: Annual market
The property is in a highly desirable location, positioned within the heart of blue chip residential suburbs with almost immediate access to Nepean Highway, the beach and all that Bayside living has to offer.
AUCTION: FRIDAY 13TH SEPTEMBER AT 1:00pm ON SITE
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
For more details, please email agent