1A, 32-38 Craigieburn Road, Craigieburn, VIC 3064

Retail

Sold

  • Property ID: 332288
  • Floor Area: 310m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 310m2 N/A Contact Agent
Investment Opportunity to National Retail Tenant!

A rewarding national retail investment situated in busy Craigieburn Plaza is now available for Private Sale, closing Thursday 27th June 2019 at 3pm.

Occupying a total building area of 310m2* and boasting a frontage of over 10 metres*, this large retail premise features a walk in cooler, storeroom and rear access with loading facility. Further key attributes include cooling and heating, suspended ceiling, floating floors, light fittings and rear loading.

Investment Summary
Tenant: Bottle-O

Rental Return: $84,762.30 p.a. plus GST

Lease Commencement: 29th March 2019

Lease Term: Five (5) Years

Further Term: Three (3) further terms of five (5) years
Reviews: Annual CPI

Bottle-O are independently owned and operated and have over 300 stores nationally.

Situated next door to Woolworths who have recently renewed their lease for a further 15 years from 2016, the property is set amongst other well-known retailers within Craigieburn Plaza including Priceline, Bakers Delight, TAB and Subway all of which are supported by car parking for over 300* vehicles.

Additionally, Craigieburn Plaza provides excellent access to the Hume Highway/Craigieburn Bypass and other major arterials.

For further information on this premium investment, please contact CVA Property Consultants.

*approx

Additional Information
Features
  • Availability: Tenanted Investment
  • Lease Term: 5+5+5+5 Years
  • Rent Review: Annually to CPI with a market review every 10 years
  • Car Spaces: Shared - approximately 300 spaces
  • Condition: Good
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Craigieburn Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $581 ---
Offices --- $103 ---
Industrial --- $147 ---
This is the average advertised price, rent and yield for Craigieburn, VIC 3064*

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 Parking - Commercial and private parking spaces available within 500 metres of 1A, 32-38 Craigieburn Road, Craigieburn, VIC 3064. 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 1A, 32-38 Craigieburn Road, Craigieburn, VIC 3064. 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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