Retail 2, 39 Plenty Road, Bundoora, VIC 3083

Investment | Retail | Medical

Sold

10% Deposit, Balance 60 Days

  • Property ID: 228742
  • Floor Area: 250m²
  • NBN Availability: Not Currently Available
  • Nearby Parking: Private
  • Cafes: 3 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 24/11/2016 250m2 N/A Contact Agent
Long Standing Medical Centre With New Lease.

Located within a thriving shopping centre, this modern retail property is to be offered for sale by Public Auction on Thursday 24th November at 12 noon on site. Key features including a long standing medical clinic tenant, prime frontage, first floor office/administration storage area and rear access to Denison Mall.

Tenancy information:
- Bundoora Medical Centre has been established for approximately 40 years
- Rental return: $109,483.63 pa net
- Four (4) years + four (4) years
- 4% Annual increases
- Large 250m2* tenancy

Located in the sought after location of Bundoora Square, the property is within close proximity to Northpark Private Hospital, La Trobe University Medical Centre and many other health care facilities.

The property is conveniently surrounded by an array of retailers including Woolworths, Priceline, Bakers Delight, Australia Post, Coles, Flight Centre, Nandos, BWS and banks. Public transport is well serviced in the area with trams and buses running along Plenty Road.

Situated 33 kilometres*s from Melbourne’s CBD, the property is in close proximity to major roads and arterials including the Settlement Road, Grimshaw Street, Greensborough Road Bypass and Metropolitan Ring Road.

*Approx.

Additional Information
Features
  • Zoning: Commercial 1 Zone (C1Z)
  • Lease Term: Four (4) Years + Four (4) Years
  • Rent Review: 4% Annual
Bundoora Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $488 ---
Industrial --- $120 ---
Offices $4355 $497 11.42%
This is the average advertised price, rent and yield for Bundoora, VIC 3083*
* 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 Parking - Commercial and private parking spaces available within 500 metres of Retail 2, 39 Plenty Road, Bundoora, VIC 3083. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Retail 2, 39 Plenty Road, Bundoora, VIC 3083. 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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