32 Koornang Road, Carnegie, VIC 3163

Investment | Other

Sold

  • Property ID: 314687
  • Floor Area: 140m²
  • Land Area: 164m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 17/12/2018 140m2 164m2 Contact Agent
Retail Investment next to Woolworths, Aldi & Spotlight!

CVA Property Consultants are pleased to present this two level lock up shop in thriving Carnegie now available for Private Sale.

Currently trading as "Width Alley Spicy Pot Chinese Cuisine Restaurant and Takeaway", featuring a 5+5 year lease, current rental of $49,920.00 pa, recently renovated kitchen, dining on both floors, an administration area on the upper floor together with rear right of way access.

The Carnegie retail centre has been enhanced by the encouragement of high-density residential accommodation and new Railway Station & Level Crossing Removal incorporating the elevated rail for the Caulfield to Dandenong line. Coupled with the subject property's close proximity to Carnegie Central which includes high profile names such as Spotlight, Chemist Warehouse, Subway, Crocs Play Centre as well as Woolworths and Aldi supermarkets, the successful purchaser can expect strong future capital growth.

Investment particulars:
- Returning $49,920 per annum plus GST (from 1st November 2018)
- Five (5) year + Five (5) year
- Strong 4% annual increases with market review at option
- Three (3) months security deposit

Property features:
- Zoned Commercial 1
- Total land area 164m2*
- Two level lock up shop of 140m2*
- Recently renovated kitchen
- Rear laneway access
- 220m* walk to Carnegie Railway Station
- Future development potential (S.T.C.A)

For more information contact CVA Property Consultants.




*approx

Additional Information
Features
  • Zoning: Commercial 1
  • Lease Term: 5 + 5 years
  • Rent Review: Annual 4% increases, Market at options
  • Car Spaces: On site at rear
Carnegie Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $117 ---
Offices --- $498 ---
Retail --- $306 ---
This is the average advertised price, rent and yield for Carnegie, VIC 3163*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 32 Koornang Road, Carnegie, VIC 3163. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 32 Koornang Road, Carnegie, VIC 3163. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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