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

AN INVESTMENT WITH A GREAT RETURN OF 7.2%

Investment | Industrial | Retail

This property is solid investment with a 7.2% return, with a return this good the property will not be on the market for long. The current tenant is using the premises as a restaurant and having a great success with this business so you don't need to stress about a bad tenant being in the property that won't last.
Lease particulars:
Current Rental: $45,000.00 + Outgoings and GST
3 year lease starting 15/5/14 with three options of 5 years
The property features include:
- 145msqr of floor area
- Main road exposure
- Outstanding Quality
- Superb Access
- Large Car Park
- Outdoor Eating Area
- IN1Z (Industrial 1 Zone)
Contact Anthony Cannizzaro for further details or an inspection.

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Price Considering All Offers
Building 145m²
Occupancy Tenanted
Property ID 257439

MERNDA JUNCTION SHOPPING CENTRE - CREATING A NEW BENCHMARK IN NEIGHBOURHOOD...

Retail

Mernda Junction Shopping Centre is set to create a new benchmark in neighbourhood shopping, to service this well established trade area.
Due to open early 2018, Coles will bring their latest full line 4,000sqm supermarket to the new centre that will feature approximately 20 of the finest specialty retail stores comprising fresh food, casual dining and lifestyle offerings.
Mernda Junction was carefully designed to offer customers a fresh and engaging shopping experience. The mix of retailers will ensure a solid and loyal customer base drawn from the local main trade area, which has an estimated population of 41,310*, additionally offering over 300+ on grade and under cover car parks for crucial convenience.
Located in the City of Whittlesea approximately 31km north-east of the Melbourne CBD, Mernda is a rapidly developing residential area and currently one of the fastest growing areas in Australia. A high profile position on the north-west corner of Plenty and Bridge Inn Roads, both being major traffic routes respectively in the area and easily accessible via the Metropolitan Ring Road.
The State Government has plans to extending the South Morang rail line to Mernda to cater for significant population growth in Melbourne' North. The project expects to include a premium station hub with over 1,000 car spaces, providing vital public transport for communities in Mernda, South Morang and Doreen. The new line is understood to be complete and operational in 2019.
Source:
*MacroPlanDimasi November 2015
levelcrossings.vic.gov.au/merndarail
www.whittlesea.vic.gov.au

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Rent Please contact agent
Building 1m² - 2703m²
Property ID 256540

SUMMERHILL SHOPPING CENTRE

Retail

"LAST TENANCY REMAINING"
Join current committed tenants: Bank of Melbourne, Kmart Tyre and Auto, Aust Post and Tatts, The Groove Train, Pharmacy 4 Less and medical centre, Donut King, Red Rooster, Muffin Break, Forevergreen Fresh - Fresh Food Hall and Jetts Fitness to name a few..
- Anchor tenants: 24 Hour Kmart, Coles, ALDI and Red Rooster
- Total GLA: 16,500sqm approx
- Trade area population estimated at 153,000 including 38,600
residents in primary trade area
- Current trade area population generates estimated $1.75 billion in
retail expenditure - average annual growth of 3.5%
- Close proximity to Reservoir High School and La Trobe University
- Brand new Shopping Centre within a fully enclosed air conditioned Mall
Summerhill Shopping Centre, 850 Plenty Road - Reservoir, occupies a very high profile location on the southern side of Plenty Road, in one of Melbourne's most well established northern suburbs.
Situated only 12km north of Melbourne, Summerhill Shopping Centre will comprise approximately 16,500sqm of quality retail space, incorporating Kmart, Coles and ALDI and approximately 3,400sqm of specialty retail space.
Call today to secure the last tenancy!

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Rent Please contact agent
Building 94m² - 219m²
Property ID 256489

AN INVESTMENT YOU CAN BANK ON!

Investment | Retail

CVA Property Consultants are pleased to offer this inner-city investment opportunity for private sale.
The well presented two storey premises of 225m2* features retail banking on the ground floor and a mixture of open plan and partitioned offices on the first floor. This prime retail freehold investment is currently leased to Arab Bank Australia Limited until 2021, who have been a longstanding tenant since 2006. Key lease terms are as follows:
- Rental return: $93,390.00 per annum
- Lease: 12 + 5 years
- Commenced: 15 April 2009
- Annual increases of 5%
Conveniently located on Sydney Road near the corner of Bell Street adjacent to Browns Corner Hotel, the property benefits from a second street frontage to Russell Street and is just 7 kilometres* from Melbourne’s CBD and under 5 kilometres* to Citylink.
The 212m2* site is surrounded by an array of national and local retailers including Coles, Woolworths, Commonwealth Bank and NAB.
The subject property is well surrounded by public transport, with a tram service at your door, bus service along Bell Street and Coburg Train Station located just 500 metres from the property.
*approx

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Price $2,300,000
Rent $93,390 p.a.
Building 225m²
Land 212m²
Occupancy Tenanted
Property ID 249786


NEW 10-YEAR LEASE TO THE GOOD GUYS

Investment | Retail | Showrooms | Development/Land

Savills is delighted to offer for sale (as part of a broader national portfolio of 'The Good Guys' retail investments) this premium, modern retail asset which is leased to 'The Good Guys.
Key attributes of this property are:
- Modern, as-new retail investment of 3,023sq m*
- New 10+5 year lease to 'The Good Guys'
- Current Rental: $583,609 pa* + GST
- Prime retail location within metropolitan Melbourne (17km* from CBD)
- Corner site of 7,762sq m* with incredible exposure to three busy roads
- Well positioned within a strong retail precinct, next to Harvey Norman, JB Hi-Fi, Beacon Lighting, Baby Bunting, McDonald's, Sleep King, Repco, Petbarn and close to Bunnings
- Convenient on-grade car parking for 77 vehicles
EOI now closed. Offers under assessment
For further information, please contact:
Nick Peden - 0402 011 266
Clinton Baxter - 0413 569 888
Jesse Radisich - 0402 085 702

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Price: EOI now closed. Offers under assessment    Building: 3023m²    Land: 7800m²    Occupancy: Tenanted

HIGH PROFILE SHOWROOM/RETAIL

Retail | Showrooms | Medical

- Showroom Area: 300 sqm (approx)
- Mezzanine Area: 50 sqm (approx)
- Brilliant corner site
- Two fully glazed shop fronts
- Massive car park
First time offered in decades. This prime showroom offers exposure to thousands of passing cars per day with the added advantage of easy access to east and west bound traffic together with excellent on-site parking.
Join Clark Rubber, Oz Ten Pin, numerous car dealers and within close proximity of Greensborough Shopping Centre and Plaza.

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Rent: Contact Agent    Building: 300m²

HIGH EXPOSURE PREMISES WITH FANTASTIC POTENTIAL

Retail

CVA Property Consultants are pleased to offer 490 Sydney Road, Coburg for private sale.
The two level vacant premises of 175m2* is situated on a land allotment of 192m2* and offers a blank shell for the astute purchaser to renovate and transform into a suitable premises for themselves or a rewarding investment.
Conveniently located on Sydney Road near the corner of Bell Street, the property benefits from a second street frontage from Russell Street, rear roller garage door and is just 7 km* from Melbourne’s CBD and under 5 km* to Citylink.
The subject property is well surrounded by public transport, with a tram service at your door, bus service along Bell Street and Coburg Train Station located just 500m* from the property.

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Price: $1,300,000    Building: 175m²    Land: 192m²    Occupancy: Vacant

ROXBURGH PARK CENTRAL OPENING SOON

Retail

Roxburgh Park Central is a new Shopping Centre being developed.
Comprising a large supermarket, upstairs 500 sqm area suitable for a gym, 14 specialty shops and 6 offices. We are seeking a wide array of businesses, such as cafe's, takeaway, discount variety stores, hair and beauty, optometrist fresh food operators to name a few to become part of this exciting new development.
The six, two storey office buildings can be used for a variety of commercial uses and provide new local business opportunities.
Roxburgh Park Central will provide a very well designed centre that offers a meeting place and convenience centre that will set a new standard for the local community.

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Rent: Contact Agent    Building: 5957m²

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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