Shops 1-3 & 4, 507-533 Bluff Road, Hampton, VIC 3188

Retail

Sold

  • Property ID: 441211
  • Floor Area: 334m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 21/03/2024 334m2 N/A Contact Agent
Two Bayside Investments (Offered Separately) in 0% Vacancy Retail Village

Stonebridge Property Group is pleased to present for sale Shops 1-3 & 4, 507-533 Bluff Road, Hampton.

The key highlights of these opportunities include:

Location:

- Secure one or both ‘set and forget’ entry level investments, well positioned in the affluent Bayside suburb of Hampton

- The tightly held retail village boasts a strong history of tenant retention (currently boasts 0% vacancy) and is serviced by 65 free car parks

- Neighbouring retailers include national brands Cellarbrations, 7-Eleven & Subway

- The surrounding demographic supports retail trade with a median family income 70% higher than the Victorian average and a median house price of $2,320,000

Shops 1-3:

- Offered with a 5-year lease to global health and wellness tenant Snap Fitness

- Snap Fitness is a world-recognised, privately owned health club franchise with 2500+ stores throughout 24 countries

- 262 sqm* of ground floor retail space with 14 m* of high exposure street frontage

- Providing annual CPI increases

Shop 4:

- Offered with a recently renewed 3-year lease to the longstanding Bayside Dog Grooming Salon

- Bayside Dog Grooming Salon has been servicing the local community for over 12 years

- Modern 72 sqm* ground floor retail space

- Providing fixed 3% annual increases

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
+61 448 782 594

Sarah Xi ???
+61 468 320 297

* Approximately

Property Code: 888

Hampton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8095 $579 7.15%
Industrial $6068 --- ---
Offices $7643 --- ---
This is the average advertised price, rent and yield for Hampton, VIC 3188*

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:

  • 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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