397 Keilor Road, Niddrie, VIC 3042

Investment | Retail

Sold

10% deposit. Balance 60 days

  • Property ID: 323944
  • Floor Area: 190m²
  • Land Area: 228m²
  • NBN Availability: Build Commenced
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 21/03/2019 190m2 228m2 Contact Agent
A Bankable Investment!

Situated in the heart of Keilor Road, the two storey solid brick retail investment currently leased to Qudos Bank features a generous ground floor layout with open plan offices, 3 glass partitioned offices and ducted cooling. The secure internal stair access leads to the first floor and comprises an additional mixture of open plan and partitioned offices, staff amenities and kitchenette. The property further benefits from rear ROW access, lock-up garage and tandem parking for up to 6 vehicles.

Investment Summary;
- Tenant: Qudos Mutual Ltd
- Return: $68,640.00 per annum net
- Term: Five (5) years + Five (5) years
- Commencement: 29th July 2017
- Reviews: Annual 4%

Property Summary:

- Total building area: 190m2*
- Total land area: 228m2*
- Rear ROW access
- On-site parking for 6 vehicles
- Commercial 1 Zone

Centrally positioned with the tram services at its doorstep, the property is within walking distance to Niddrie Central Shopping Centre anchored by Woolworths, 7-Eleven, My Chemist and a host of local cafe's and restaurants along this busy retail strip. The property also provides convenient access to the Tullamarine Freeway and its associated linkages to other major arterials and Essendon Fields which are within 1.8km* of the site.

CVA Property Consultants are pleased to offer 397 Keilor Road, Niddrie for Public Auction on Thursday 21st March 2019 at 12pm on-site.

For further information please contact CVA Property Consultants.

** STRICTLY NO INSPECTIONS ON AUCTION DAY **

*Approx
Pricing excludes GST.

Additional Information
Features
  • Zoning: Commercial 1 Zone
  • Lease Term: Five (5) years with a further term of five (5) years
  • Rent Review: Annual 4%
  • Car Spaces: 6 on-site
Niddrie Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $305 ---
Retail --- $305 ---
This is the average advertised price, rent and yield for Niddrie, VIC 3042*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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 Cafes - Number of cafes located within 500 metres of 397 Keilor Road, Niddrie, VIC 3042. 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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