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Sold Retail found in EASTERN SUBURBS (METROPOLITAN), VIC

7-ELEVEN + CAR WASH INVESTMENT ON 4,800M2* MIXED USE ZONED SITE

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

This rare opportunity comprises two tenants, 7-Eleven service station/convenience store together with Car Wash Express, situated on a massive site of 4,800m2* and returning a current combined rental of $382,547.16 per annum plus GST. Offered for sale by way of Public Auction on Wednesday 1st November 2017 at 12 noon on site.
Property features include:
- Great anchor tenant 7-Eleven Stores Pty Ltd -Established in 1977, now comprising 620 * stores, the largest petrol & convenience store retailer in Australia, with revenues of $3.9 Billion together with an automatic 4 bay car wash operating as Car Wash Express
- Generous 73 metre* Mitcham Road frontage
- Sought after Mixed Use Zoning
- Substantial income with future development potential
- Leases to 2023 (including options in the Car wash lease)
- Annual rental reviews of 4% applicable to 7-Eleven lease
Conveniently located near the intersection of Mitcham Road and Springvale Road, the property is exposed to 23,000* vehicles passing daily (VicRoads Data 2016) and strategically positioned 900 metres* from Eastlink. Renowned Tunstall Square shopping centre is 1km* from the subject property and features well known traders Coles, Subway, Commonwealth Bank, Bakers Delight and Chemist Warehouse.
For further information, please contact Ian Angelico 0418336088 of CVA Property Consultants.


*approx

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Sale Price Contact Agent
Building 180m²
Land 4800m²
Property ID 272721

Offices | Retail

Located in the heart of Boronia, adjacent to the railway line, Safeway, Dan Murphy's and Shopping complex, this property would be ideally suited for a variety of businesses (stca). Offering 221 sq.m (approx) with partitioning, carpet, freshly painted, air cond, shower room, shared male and female toilets and kitchen facilties. Under cover car parking. Offered with vacant possession.

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Sale Price: Contact Agent    Building: 221m²

PRIME LOCATION - RETAIL/SHOWROOM

Retail | Showrooms

  • Located just east of the Mitcham Rd & Whitehorse Rd intersection;
  • 390m2 floor area premises with rear roller door from lane way;
  • Affordable rental for main road position.
  • For additional information contact: Glenn Neilson 0438 599 244

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Sale Price: Contact Agent    Building: 390m²

OCCUPY OR INVEST - HIGH PROFILE CONVENIE...

Showrooms | Offices | Retail

  • Very well presented 180sqm office/shop
  • Stand alone Title with rear yard/storage shed
  • Fully partitioned through out and good natural light
  • 3 year lease back offered on a 6% Net return
  • No GST payable if bought as investment
Contact Jason Beveridge on 0418 33 33 77

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Sale Price: $627,500    Building: 180m²    Occupancy: Vacant


7% RETURN APPROX - NEW LONG LEASE

Offices | Retail

- Next to Eastlink, Heart of Ringwood
- 168sqm grand floor fitted suite with own entrance
- New lease to government funded tenant $59,000 net p.a.
- Located with Landmark new 3 level office building
- Added benefit of depreciation allowances to add to investment return

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Sale Price: $800,000    Building: 168m²    Occupancy: Vacant

PRIZED INVESTMENT LOCATION AND TENANT

Investment | Retail

- Located in the heart of Mount Waverley Retail Precinct
- National tenant with over 500 stores nationally
- Long standing tenant with secure lease term
- Returning $84,796 per annum
- Building area - 300m approx
- Parking available - on street front and rear

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Sale Price: Contact Agent    Building: 300m²    Occupancy: Tenanted

SECURE LEASE

Offices | Retail | Showrooms

Securely leased to Aussie Disposals till September 2017.
Located on the corner of Erica Avenue, this property also offers potential for re-development (STCA).
Current rental $48,974.76 plus GST and Outgoings.

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Building: 225m²    Occupancy: Vacant

DOUBLE SHOP, DOUBLE EXPOSURE

Medical | Retail | Showrooms

Double your exposure. Located on Manchester Road opposite the railway line, this property could be redeveloped (S.T.C.A) or spilt in 2 (S.T.C.A). Onsite parking, endless ideas for a new business.

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Building: 201.3m²    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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