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Retail For Sale or For Lease found in EASTERN SUBURBS (METROPOLITAN), VIC

QUALITY INVESTMENT WITH DEVELOPMENT POTENTIAL (STPA)

Investment | Offices | Retail | Development/Land

This is an exceptional opportunity to secure a quality two level office building in the tightly held Box Hill market with a secure tenant which has occupied the building for almost 10 years. The property also offers future development potential subject to planning approval.
Features include:
- 2 level quality office building
- 3 car spaces plus public park for 44 cars at the rear
- Advantageous Commercial 1 Zoning
- New 2 year term
- Surrounded with amenity including Box Hill Central Shopping Centre, train station and activity precinct just down the road.
Contact Nick, Patrick or Tristan to discuss this opportunity in more detail or to receive an information memorandum.

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Price Contact Agent
Building 297m²
Land 250m²
Occupancy Tenanted
Property ID 256303

MAIN ROAD RETAIL/DWELLING - PERMITTED BAKERY USE!

Retail

Prominent main road retail comprising shop front and commercial kitchen area, first floor dwelling inclusive of 2 bedrooms, living room and amenities, rear yard with storage shed and parking with access via laneway.
The subject property property is located within a tightly held retail strip near the corner of Whitehorse Road and Union Road with ample customer parking, tram stops right near your door step and is only a short walk to Surrey Hills Train Station.
- Building area: 154m2*
- Retail and kitchen area
- 2 bedrooms and living room
- Rear access with yard and parking
*Commercial kitchen fitout available by agreement. Includes stainless steel canopy and ducting, fridge and freezer plus 3 split system air conditioners.
*Approx

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Rent $42,500 p.a.
Building 154m²
Land 270m²
Property ID 248254

INVEST! OCCUPY! DEVELOP!

Investment | Offices | Retail | Medical | Development/Land (Offices, Retail, Residential)

CVA Property Consultants are pleased to offer this exceptionally versatile property for private sale.
An outstanding retail/commercial freehold in the heart of the bustling Maroondah Highway and Ringwood business district close to Costco, Eastland and Bunnings. Currently leased to established tenants trading as Answers 2 Hair Academy and Income Tax Professionals, this high profile property offers scope for the astute buyer to occupy, invest or develop.
- Potential mixed use development for 5+ levels (STPA)
- Sought after Commercial 1 zoning
- Substantial two level building 426m2*
- Site area 499m2* with access to rear public car park
- Generous Maroondah Highway frontage of 12.2 metres
- 350 metres* from the New Eastland Shopping Centre and Ringwood Train Station
- Current passing income $112,818.41 per annum with potential fully leased income estimated at $130,000 per annum
Please contact CVA Property Consultants for further information or to arrange an on-site inspection.
* Approx.

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Price Contact Agent
Rent $112,818 p.a.
Building 426m²
Land 499m²
Occupancy Tenanted
Property ID 253070

LANDMARK CORNER SITE!

Development/Land (Residential, Offices, Medical) | Offices | Retail | Showrooms | Medical | Hotel/Leisure

One of the most significant sites in Melbourne's eastern region is now available for sale via Expressions of Interest closing Thursday 8th June 2017 at 3pm.
This tremendous 7,610m2* corner site benefits from a 120m* frontage to Stud Road and 35m* frontage to Burwood Highway. Improvements include a single level building of 623m2*, comprising a grand foyer area, partitioned office areas, large storage/garage, portico areas of 323m2* and open plan chapel. Additional features include amenities, ducted heating and cooling, landscaped gardens, together with in excess of 58 car spaces with potential for more.
The site is zoned Priority Development Zone - Schedule 1 (with a Proposed rezoning to "Mixed Use Zone" Amendment C149) and is designated "for the use and development of land for projects and areas of regional or State significance". This outstanding property offers a fantastic opportunity to develop a multi level mixed use building, corporate office building, education facility, hotel, aged care facility, place of assembly, medical centre, accommodation and more (STCA).
Located at the intersection of Burwood Highway and Stud Road one of Melbourne's most significant strategic positions, the subject property is situated directly opposite Westfield Knox Shopping Centre (soon to benefit from a $450 million expansion) and Swinburne University. Further enhancing the site is its close proximity to well known private and public schools, Knox Private Hospital and an abundance of new residential developments.
Please contact CVA for further information.
*approx


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Price Contact Agent
Building 623m²
Land 7610m²
Property ID 254857


MAIN ROAD RETAIL OPPORTUNITY!

Retail

Superb main road retail opportunity comprising 106m2* total floor area, kitchenette and amenities, air conditioning, rear access and two tandem car spaces.
Shop 4 forms part of a modern mixed use development with neighbouring anchor tenant's Subway and Australia Post and offers exceptional exposure to Canterbury Road.
- Floor area: 106m2
- Rear access & parking
- Kitchenette & amenities
- Great exposure & signage rights
- Neighboured by Aus Post, Subway and various established retailers
*Approx

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Rent $37,500 p.a.
Building 106m²
Property ID 253719

DOUBLE THE OPPORTUNITY RETAIL INVESTMENT!

Investment | Retail

CVA Property Consultants are pleased to offer this outstanding investment for Private Sale.
Double front shop currently leased to long standing business, North Ringwood Fruit Market providing a stable investment opportunity.
Situated within the North Ringwood Shopping Centre, accompanied by neighbouring tenants including Ritchies Supa IGA supermarket, North Ringwood Meat Supply, Dominos Pizza, Bakers Delight, Anytime Fitness, ANZ and Commonwealth Banks.
- Rental $60,735.36 per annum (Gross rental) (Estimated $50,172.29 per annum net rental)
- Lease 3+3+3+3+3 years
- Commenced 11th April 2015
- Double shop, two titles
This highly sought after shopping centre is conveniently positioned at the corner of Warrandyte and Oban Road, Ringwood North, approximately 25 km North East of Melbourne's CBD. The precinct is situated amongst a substantial residential population and is close to Eastland Shopping Centre, public transport and the Ringwood Bypass/Eastlink.
Inspections available by appointment through exclusive sole agents.
*approximately

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Price Contact Agent
Rent $60,735 p.a.
Building 135m²
Occupancy Tenanted
Property ID 253592

BOUTIQUE PERMIT APPROVED CORNER SITE

Retail | Offices | Showrooms

Savills is delighted to offer for sale this superb development site located at 656 Blackburn Road, Notting Hill. Rarely is such a quality development opportunity offered to the market in such a premium lifestyle location, particularly with an approved permit for a stunning residential project.
Key attributes of this fantastic opportunity are:
- Perfectly positioned site of 687sq m*
- Approved permit for a boutique project comprising 14 spacious apartments
- Superbly designed project with high levels of natural light
- General Residential Zone 2
- Suits alternate outcomes including medical/ childcare etc (STCA)
- A high demand location within immediate proximity to the enormous Monash University Clayton campus with approximately 34,700 students
- Serviced by an abundance of retail amenity including The Glen Shopping Centre, Chadstone Shopping Centre, - Brandon Park Shopping Centre, Pinewood Shopping Village and more
- Multiple bus routes service the immediate area with stops directly outside the property
- Convenient CBD access with close proximity to the Monash Freeway
- A premier opportunity to deliver a high quality residential project in a location with endless demand!
The opportunity to secure a prime, corner landholding in this premium suburban location surrounded by abundant lifestyle and retail amenity is sure to be highly sought after, especially when you consider the approved permit for a boutique residential project and the site's proximity to Monash University and a wide array of retail amenity.
656 Blackburn Road, Notting Hill is For Sale by Public On-Site Auction on Friday 9 June at 12 noon.
For further information, please contact:
Jesse Radisich - 0402 085 702
Nick Peden - 0402 011 266
Benson Zhou - 0458 488 888

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Price: Public On-Site Auction on Friday 9 June at 12 noon    Building: 687m²    Land: 687m²    Occupancy: Vacant

BEST OF BOTH WORLDS

Investment | Development/Land (Residential, Retail, Service station/Fast food) | Offices | Retail

Investment Opportunity with Potential to Redevelop STCA
Single title with two shops both currently leased to successful business'.
ideally positioned in a sought after area surrounded by several schools.
Perfect for an Investor or Potential Developer.
Land Area = Approx. 960 sqm
Shop 1
Includes 2 bedroom dwelling
104.5 sqm shop, plus 98 sqm dwelling and open space approx. 30 sqm
Long lease including options
Annual increases
Returning $39,370.20 plus GST and outgoings (except land tax)
Shop 2
63 sqm and open space approx 35 sqm
Long Lease including options
Annual Increases
Returning $27,039.96 plus GST and outgoings (except land tax)
Nett return $65,546.16 pa
For full details call Michelle Lanigan 0417 361 161

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Price: Contact Agent    Building: 330.5m²    Land: 960m²    Occupancy: Tenanted

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

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