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Sold Retail found in NORTHERN SUBURBS (METROPOLITAN), VIC

CORNER SITE WITH 6 SHOPS

Retail | Development/Land

Standout corner site in a prominent retail strip only 400 metres from Glenroy Station.
*Total building area- 400sqm.
*Land area- 475sqm.
*Approved planning permit for 3 shops and 10 apartments.
*Wide frontage to Wheatsheaf Rd and Argyle St.
*Monthly tenancy to longstanding tenant Glenroy Cycles at $30K per annum.
*6 shops with a potential rent of $60,000 per annum
*Zoned Commercial 1.

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Sale Price: Contact Agent    Building: 400m²    Land: 475m²    Occupancy: Vacant

BRILLIANT BUNDOORA INVESTMENT

Investment | Retail

- Commanding new two (2) storey building of 231m2 approx.
- Positioned within the popular Polaris Town Centre, only 14km’s from Melbourne CBD within the high growth Northern Corridor
- 5 x 5 year leases in place to ground floor Chinese restaurant and first floor office
- Returning: $105,000 per annum net
- Strong tax depreciation benefits available
- In close proximity to major retailers including Woolworths Supermarket, Dan Murphy’s, Gloria Jeans and opposite Chemist Warehouse
- Adjoining the largest university in the Southern Hemisphere, La Trobe University
- Surrounded by a huge and growing residential catchment
- Exceptional opportunity to invest in the exciting and rapidly developing Polaris Town Centre which is set to incorporate over 1,100 dwellings

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Sale Price: Contact Agent    Building: 231m²    Occupancy: Tenanted

VIBRANT RETAIL OPPORTUNITY

Retail

Occupy or Invest

  • Situated in a designated growth precinct identified by the State Government and the Moreland City Council
  • Building Area 100 m2 approx
  • Prime retail premises in prominent corner position with frontage to Sydney Road
  • High traffic flow location
  • Proximity to public transpsort
  • Adjacent to Coles, major banks and Council car park
  • Vacant possession

The property is located within the heart of the Sydney Road, Coburg strip retail centre and forms part of the Foleys Mall complex extending from Sydney Road through to the rear car park and adjacent Coles Supermarket.

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Building: 100m²

AFFORDABLE RETAIL, BUSTLING LOCATION

Retail

  • Area 115sqm with prominent frontage
  • Prime retail trading position in busy shopping strip adjacent to Coles and Woolworths, major carpark and Victoria Street Mall
  • Rare vacant possession opportunity
  • Invest or occupy
  • Zoned Commercial 1

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Sale Price: Contact Agent    Building: 115m²    Land: 115m²


PROMINENT, VERSATILE COBURG CORNER WITH PERMIT

Retail

  • High profile corner freehold with three frontages
  • Site area of 320 sqm approx
  • Combined frontage of over 55 metres to Sydney Road, Allen Street and rear laneway
  • Strategically located only metres from busy Moreland Road Junction and Railway Station
  • Close to major arterial roads including Nicholson Street, Lygon Street and City Link
  • Approved plans and permits in place for shop plus 10 apartments
  • Positioned within Sydney Road’s vibrant retail precinct with tram stop at door step
  • Existing improvements include retail showroom of 190 sqm approx
  • Commercial 1 Zone
  • Develop or occupy in this dynamic location only 7km from Melbourne's CBD

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Sale Price: Contact Agent    Building: 190m²    Land: 320m²

PRIME CUT RETAIL INVESTMENT - AFFORDABLE OPPORTUNITY

Investment | Retail

  • Positioned next to Australia Post and main entrance
  • New 5 x 5 x 5 x 5 year lease to quality butcher trading as Select Meats
  • Returning $30,000 per annum plus GST
  • Huge corner frontage
  • Generous building area of 116sqm approx
  • Located within busy shopping centre surrounded by major tenants including Woolworths Supermarket, Supa IGA, Dimmeys, BWS, ANZ Bank, CBA and Westpac
  • Ample on site car parking
  • Rare affordable entry level investment

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Sale Price: Contact Agent    Building: 116m²    Occupancy: Tenanted

BINGO! 10% PLUS YIELDING INVESTMENT

Investment | Retail

10 YEAR LEASE TO POPULAR BINGO CENTRE

  • Substantial building of 1,141sqm approx
  • 10 year lease plus options to experienced tenant trading as Mega Bingo
  • Returning $227,569 per annum plus outgoings and GST
  • Personal guarantees and bank guarantee in place
  • Depreciation tax benefits available
  • Busy venue licenced for 600 patrons and operating 7 days a week
  • Ample on site parking in front of property
  • Part of Gladstone Park Shopping Centre which includes national retailers Woolworths Supermarket, Supa IGA, Dimmeys, BWS, Aus Post, ANZ, CBA and Westpac

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Sale Price: Contact Agent    Building: 1141m²    Occupancy: Tenanted

A PRESCRIBED INVESTMENT - 10 YEAR LEASE TO PHARMACY

Investment | Retail

Leased to a long standing established pharmacy
Corner Site with massive 55 meter return frontage
Building area 280sqm approx. with high quality tenant fit out
Current Rent $ 75,398 pa plus gst and outgoings
Excellent future subdivision potential ( stca)
Strong retail center with major prospect of future rental growth

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Sale Price: Contact Agent    Building: 280m²

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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