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Retail For Sale found in OAKLEIGH, VIC 3166

Properties located in the surrounding suburbs


Retail | Showrooms

Savills is delighted to offer for sale this prime, ground level retail shop at 51 Murrumbeena Road, Murrumbeena. Located within the bustling Murrumbeena retail village, and in close proximity to both the Neerim and Koornang Road Retail strips plus the southern hemispheres largest shopping centre Chadstone, this is an opportunity not to be missed by investors or owner occupiers alike.
- Modern, ground floor retail in the prime Murrumbeena retail village
- Large internal area of 108sq m*
- Huge exposure with 10.5 metres* of retail frontage
- Includes two rear carparks on title
- Ideal location within Melbourne's highly sought after south eastern suburbs
- Strategically positioned directly opposite a busy Foodworks supermarket
- Vacant Possession
- The perfect opportunity for an owner-occupier or investor to secure a prime retail space in a busy, south-eastern location!
51 Murrumbeena Road, Murrumbeena is For Immediate Private Sale.
For further information, please contact:
Benson Zhou - 0458 488 888
Jesse Radisich - 0402 085 702
Mark Stafford - 0404 401 053

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Price: For Immediate Private Sale    Building: 108m²    Occupancy: Vacant


Investment | Retail | Offices

Ray White Commercial are excited to present for sale this quality entry level investment.
Zoned C1Z, this tenanted property located on a prominent location in a populated strip of Centre Rd.
Also presenting an exciting entry level opportunity which would be an asset to anybody's commercial portfolio.
Don't miss this fantastic opportunity.
- Total building area 38m2 approx.
- Large glass windows, bright inviting interior.
- Plastered ceiling and floor coverings.
- Split system air conditioning built in.
- Electrical points and light fittings.
- One (1) year term commenced 18/01/2017.
- One (1) further terms of One (1) Year.
- Current passing rental of $15,390 Net.
- Commercial 1 Zoning.
- 1 allocated Car space at rear, council parking available at rear and side of complex.
George Kelepouris - 0425 798 677
Paul Rizzo - 0418 688 888

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Price: $347,000    Building: 38m²    Occupancy: Tenanted


Investment | Retail

Ray White Commercial Victoria is pleased to offer 690 Centre Road, Bentleigh East to market via public auction on Friday 1st September 2017 at 12pm on-site.
Located on the busy Centre Road shopping precinct, this leased retail property with separate one bedroom residence, both leased to quality tenants is the perfect addition to your property portfolio or great for the first time commercial investor looking to get into the market.
Being only a single level building there is the added benefit or scope to build up and value add (STCA).
The property is located amongst many established and complimenting businesses, not to mention the continuous high density residential developments, which have brought a change of demographics to the area of younger professionals with higher sources of disposable income.
Property Benefits:
- Total land area 215m2 (approx)
- Total building area 121m2 (approx)
- Comprising retail premises (66m2 approx) plus one bedroom residence (55m2 approx)
- Retail leased from November 2015 for 3 years with one further term of 3 years
- Current rental for retail premises $33,372 per annum plus GST (if applicable) plus Outgoings
- Residence leased from February 2017 for 1 year
- Current rental for residence $275 per week or $14,300 per annum
- Total combined income $47,672 per annum (approx)
- Property has rear access via ROW and parking for two cars and motorised roller door
- The property is single level with further development potential (STCA)
- Zoning Commercial 1 Zone (C1Z)
- Terms 10% deposit and balance within 30/60/90 days thereafter
Auction 1st September 2017 at 12pm on-site
Ryan Amler - 0401 971 622
Joshua Colosimo - 0413 790 309

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Price: AUCTION    Building: 121m²    Land: 215m²


Investment | Retail

Ray White Commercial Oakleigh is delighted to present to one lucky purchaser this fantastic retail investment opportunity currently leased to a long running and established bakery while also offering future development potential (STCA).
Offering an opportunity not to be missed and located in one of Melbourne's most in demand south-eastern pockets, this single level free-hold building currently trading as the Continental Bakehouse and cafe since January 2004 is the perfect addition to your investment portfolio.
Key Features:
- Total building area 93m2 approx
- Total land area 138m2 approx
- Current rental $30,679 per annum plus GST plus Outgoings
- 5 year Term commenced 15/01/2014
- Fixed 4% annual increase
- Tenant has no further options however happy to negotiate a new lease with options
- 3 Phase power connected
- 2 Car spaces at rear
- Large laneway at rear allowing rear access
- Commercial 1 Zoning (C1Z)
George Kelepouris - 0425 798 677
Theo Karkanis - 0431 391 035

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Price: AUCTION    Building: 93m²    Land: 138m²


Investment | Retail

- Excellent restaurant premises prominently positioned within Koornang Road’s booming retail and hospitality precinct
- Surrounded by leading National retailers including Woolworths, Aldi, all major Banks and a host of well-regarded eateries
- Leased to popular restaurant tenant trading as Pho66
- Lease term: 7 x 5 x 5 x 5 years
- Rental: $84,872 per annum approx. plus outgoings and GST (from April 2017)
- Land Area: 212m2 approx.
- ?Building Area: 150m2 approx.
- Includes rear access via right of way
- Located metres from the new Carnegie Railway Station currently under construction which is part of the State Government's $5 billion level crossing removal initiative (due for completion in 2017)
- The property’s future value is underpinned by a rapidly growing residential catchment with a major transformation currently underway within the Koornang Road Acitivity Centre with a number of high rise residential developments completed nearby and approximately 15 others in various stages of planning and development
- Zoning: Commercial 1
- Significant future value add potential (stca)
- Outstanding opportunity to invest in one of Melbourne’s most successful and tightly held shopping strips

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Price: Contact Agent    Building: 150m²


Suburb Summary - Oakleigh, VIC 3166

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

Price (m²) Rent (m²) Yield
Offices $412
Retail $429
Industrial $2984 $93 3.12%
* 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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