306-308 Melbourne Road, Newport, VIC 3015

Retail | Hotel/Leisure

Leased

  • Property ID: 100550
  • Floor Area: 167m²
  • Land Area: 908m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Cafes: 4 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Shop Leased 04/02/2012 167m2 908m2 N/A
Outstanding fast food/ cafe or restaurant opportunity!

This main road property is fully equipped as a fast food restaurant with excellent kitchen facilities, coolroom, freezer and is situated in a prime location plus ample off street parking and rear access.

Additional Information
Features
  • Availability: 30-60 days
  • Zoning: Residential
  • Lease Term: Neg
  • Rent Review: Neg
  • Car Spaces: 13
  • Condition: Excellent
  • Air Conditioning: Yes
  • Roller Doors: No
  • Floors: Tiled
  • Lifts: No
  • Height: 2.5-3 meters
  • Age: 10 years
  • Car Parking Fees: no
Outgoings
  • Water Rates: $1,200 plus usage pa
  • Land Tax: TBA
  • Council Rates: $5,620 pa
  • Owners Corp. / Insurance: $2,940 pa
  • Other Charges: essential services & air conditioning service
Newport Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5278 --- ---
Retail $5278 --- ---
Industrial --- $94 ---
This is the average advertised price, rent and yield for Newport, VIC 3015*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 306-308 Melbourne Road, Newport, VIC 3015. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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