12, 328 Reserve Road, Cheltenham, VIC 3192

Investment | Retail | Hotel/Leisure

Sold Contact Agent

10% deposit, balance 60 days

  • Property ID: 101113
  • Floor Area: 203m²
  • NBN Availability: Not Currently Available
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 12 - Cafe Sold 12/09/2013 203m2 N/A Contact Agent
* The Jewel in the Crown * Auction Wednesday 18th September 2013 at 12pm on site *

Fantastic opportunity to purchase a premium investment property that is currently leased to ONYX, café restaurant bar.

The property is leased on a renewed term of five (5) + five (5) + five (5) years and returns $77,500.00 per annum.

Nestled in a premium Bayside location within an immaculately presented architecturally designed state-of-the-art Business Park, this property will be a proud addition to your investment portfolio.

Hallmarc Business Park is ideally located close to Nepean Highway, Westfield Southland Shopping Centre, Golf Courses, Sandringham Yacht Club, Cheltenham Railway Station and Sandringham Railway Station.

Depreciation benefits are applicable, enquire today!

For more information please visit http://onyxat328reserveroadcheltenham.cva.net.au/ and http://www.onyxbarcafe.com.au/

Additional Information
Features
  • Zoning: Business 3
  • Lease Term: Five (5) + five (5) + five (5) years
  • Rent Review: Annual 4%
  • Car Spaces: 8 allocated on site
Cheltenham Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5598 $323 5.76%
Retail $5939 $333 5.60%
Industrial $5043 $179 3.54%
This is the average advertised price, rent and yield for Cheltenham, VIC 3192*
* 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.
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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™.
  • 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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