70 Great Ryrie Street, Heathmont, VIC 3135

Retail | Offices

Sold $510,000

  • Property ID: 426709
  • Floor Area: 120m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 15/04/2023 120m2 N/A N/A
SHOP FOR SALE

Take this great opportunity to secure this well-located shop situated within a vibrant commercial strip shopping complex. At present the shop is currently leased to long-standing tenant Rumors for Hair at a rental of $14,662.56 per annum plus outgoings. The current tenant is on a 12-month lease term which commenced on the 1/2/2023 with 1 further option of one year remaining.

The property has plenty of potential long term, whether you continue to lease the property, occupy the site yourself or even look to develop the property, there are several options available.

PROPERTY ATTRIBUTES

Building Size: 120 square metres
Land Size: 209 square metres
Rear Access
Rear Car Parking
Open & Light
Amenities
Zone: Commercial 1 zone
Long-standing Tenant

Please contact Appleby Commercial for more information or to organise an inspection today.

Additional Information
Features
  • Lease Term: 1 year
  • Rent Review: Annually
  • Car Spaces: Yes
  • Condition: Good
  • Car Parking Fees: No
Outgoings
  • Water Rates: Tenant pays
  • Council Rates: Tenant pays
  • Owners Corp. / Insurance: Tenant pays
Heathmont Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4250 --- ---
Offices --- $268 ---
This is the average advertised price, rent and yield for Heathmont, VIC 3135*

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

Days on Market data for Retail in VIC for Sale

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™.
  • 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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