3, 5 Harcrest Boulevard, Wantirna South, VIC 3152

Other | Retail

For Sale Contact Agent

  • Property ID: 377815
  • Floor Area: 63.6m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)

Appleby Real Estate is pleased to offer Shop 3, 5 Harcrest Boulevard, Wantirna South for sale.

The Harcrest Hub Shopping Centre is made up of 7 retail shops with a new anchor tenant KFL Supermarket.
The centre is located on the corner of Stud Road and Harcrest Boulevard within close proximity to Eastlink, Burwood Highway and Westfield Knox.

Property Features:
- Building Area: 63.60 m2 approx.
- Leased to Wot A Kabab
- Currently Returning: $50,901 plus GST & outgoings per annum
- Lease Term: 5 + 5 years
- Lease Commencement: 14th October 2017
- Annual Increases: 4%

* Additional Rental Guarantee for an ATM space
- $8,000 plus GST per annum
- Fixed 2 year term

TOTAL INCOME: $58,901 plus GST and outgoings per annum

- Ample customer and staff parking accommodating for 96 vehicles
- Located within Mirvac’s Harcrest residential estate with an estimated population of 3000+

For further information or to arrange an inspection contact Appleby Real Estate today!

Additional Information
  • Lease Term: 5 Years + 5 Years
  • Rent Review: Annual Fixed 4%
  • Car Spaces: 96 common
  • Condition: Excellant
  • Air Conditioning: YES
  • Lifts: N/A
  • Water Rates: Tenant Pays
  • Council Rates: Tenant Pays
  • Owners Corp. / Insurance: Tenant Pays
Wantirna South Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $108 ---
Retail $10945 $650 5.94%
Offices --- $362 ---
This is the average advertised price, rent and yield for Wantirna South, VIC 3152*
* 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™.
  • 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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