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

LANDMARK CORNER SITE!**UNDER OFFER**

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

HOT BREAD/BAKERY OPPORTUNITY

Retail

Located on the entrance to Mitcham Coles, this exciting retail property offers an exclusive opportunity for an astute retailer to capitalise on an enviable entrance position at this highly trafficked centre.
Anchored by Coles, the Mitcham Retail Centre is located on the corner of Mitcham Road and Victoria Avenue in Mitcham and offers a number of exciting retail and service possibilities.
Additional features of the available space include;
- 38 metres (approx.)
- Ideal location on entrance to Coles
- Easy access to Maroondah Highway and Mitcham Road
- Multiple Transport options including Mitcham Railway Station
- Abundant on-site Car Parking
Finally, coupled with competitive rental and facilities for a multitude of different uses, this rare Mitcham opportunity provide endless possibilities.
For further information or to arrange an immediate inspection please contact
David Cohen 0419-888-867

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Rent Contact Agent
Building 38m²
Property ID 257414

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
- Potential fully leased income estimated at $130,000 per annum net
Please contact CVA Property Consultants for further information or to arrange an on-site inspection.
* Approx.

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Price Contact Agent
Rent $130,000 p.a.
Building 426m²
Land 499m²
Occupancy Tenanted
Property ID 253070

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 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

TROPHY CORNER RETAIL INVESTMENT

Investment | Retail | Development/Land

The Savills Sales Team is delighted to offer this exceptional opportunity to acquire 417 Canterbury Road, a modern service station situated within Melbourne's highly sought after eastern suburbs.
BP Vermont occupies a prime position on Canterbury Road with additional access from Rooks Road, providing unparalleled exposure to an average of 44,000^ vehicles per day. This high quality facility is anchored by a long term lease to a premium tenant who operates over 45 service stations across Australia.
The key attributes of this incredible asset include:
- High profile, corner retail investment in Melbourne's eastern suburbs
- Modern, high quality facility
- Long term lease with options operating as BP (one of the world's largest oil/gas companies)
- Net Rental (As at Nov-17): $358,216 per annum* + GST
- Tenant pays all usual outgoings
- Fixed annual 3% rent increases
- Major corner landholding of 2,462sq m* (corner of busy Rooks Road)
- Significant future development potential (STCA)
- Unparalleled location on Canterbury Road, surrounded by major arterial networks
- Huge exposure with more than 44,000 cars^ passing daily
- Rare opportunity to acquire a modern service station located in a strategic, corner outbound location
The opportunity to secure such a high calibre investment is extremely rare, especially when you consider the long lease to a highly successful business, within Melbourne's eastern growth corridor. Accordingly we encourage prospective purchasers to actively consider this excellent opportunity.
417 Canterbury Road, Vermont is For Sale by Auction on Friday 7th July at 12:30pm onsite.
For further information, please contact:
Benson Zhou - 0458 488 888
Nick Peden - 0402 011 266
Jesse Radisich - 0402 085 702

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Price: For Sale by Auction on Friday 7th July at 12:30pm    Building: 1m²    Land: 2462m²    Occupancy: Tenanted

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

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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