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Sold Retail found in MORNINGTON PENINSULA (METROPOLITAN), VIC

COMMERCIAL FREEHOLD

Retail

Investment opportunity located in the heart of Rosebud's retail precinct.
- Street frontage with great exposure
- 67m2 approx
- Small rear courtyard
- Strong tenant paying good rent with annual increases
- 3 + 3 year lease commenced September 2012
- Rent: $16,589 per annum + Outgoings

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Sale Price: $390,000    Building: 67m²    Occupancy: Vacant

Investment | Retail

GAZ MAN (SHOP 2)

  • Lease: New 5 year lease from November 2007 plus option
  • Rent: $70,000 pa plus outgoings
  • Rent Reviews: 4% pa
  • Area: 126 m² approx

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Sale Price: Contact Agent    Building: 126m²    Occupancy: Tenanted

Investment | Retail

TAKING SHAPE (SHOP 4)

  • Lease: New 5 year lease from October 2007 plus option
  • Rent: $78,000 pa plus outgoings
  • Rent Reviews: 4% pa
  • Area: 139 m² approx

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Sale Price: Contact Agent    Building: 139m²    Occupancy: Tenanted

Investment | Retail

RAY WHITE REAL ESTATE (SHOP 5)

  • Lease: New 5 year lease from October 2007 plus option
  • Rent: $85,000 pa plus outgoings
  • Rent Reviews: 4% pa
  • Area: 165 m² approx

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Sale Price: Contact Agent    Building: 165m²    Occupancy: Tenanted


Investment | Retail

COTTON ON (SHOP 6)

  • Lease: New 5 year lease from November 2007 plus option
  • Rent: $80,000 pa plus outgoings
  • Rent Reviews: 4% pa
  • Area: 165 m² approx

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Sale Price: Contact Agent    Building: 165m²

HIGH YIELD RETAIL INVESTMENT

Retail

  • 6% Plus Yield from major Fashion Tenant
  • Prime central position from Main Street, Mornington
  • Depreciation Benefits Available
  • Wide Retail Frontage
  • Leased to WOMBAT (leading fashion group owned by Pretty Girl Group)
  • Current Rent: $82,000 per annum plus outgoings
  • New 5 year lease from March 2008
  • Asking Price: $1.325 million

    For further details please contact Geoff Emmett on 0409 330 561

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Building: 133m²    Occupancy: Vacant

COLES EXPRESS/1ST CHOICE LIQUOR SUPERSTORE

Investment | Retail

  • High yield retail investment – 8% PLUS
  • New 10 year lease to Coles Supermarket Pty Ltd (Westfarmers Limited)
  • Rent: $514,150 per annum gross (Net $472,000 per annum)
  • Trading as 1st Choice Liquor Superstore & Coles Express
  • Potential for additional income from ATM/Kiosk
  • Shop Area: 2175 m² approx
  • Depreciation benefits available
  • Substantial Council Carpark on Octavia Street Frontage

    For further information please contact Geoff Emmett 0409 330 561

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Sale Price: Contact Agent    Building: 2175m²    Occupancy: Tenanted

HIGH YIELD RETAIL INVESTMENT

Retail

  • High yield retail investment – 6% PLUS
  • Prime trading position
  • Wide 8 metre frontage to Main Street
  • Current rent $62,000 per annum, increasing to $64,480 in November this year
  • Rear access to loading dock
  • Shop area: 117 m² approximately
  • Close to new Coles 1st Choice Outlet
  • Asking Price: $1,025,000

    For further information please contact Geoff Emmett 0409 330 561.

Read more
Building: 117m²    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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