1A Cafe/40-52 McArthurs Road, Altona North, VIC 3025

Retail | Offices

For Sale $950,000

  • Property ID: 390168
  • Floor Area: 113m²
  • Land Area: 113m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
McArthurs Business Park, Altona North - New Cafe in Major Business Park Complex with $50K pa Net

- Purpose-built Cafe in major business park complex of 63 units
- Annual rental increase of 4.0%
- 5 X 5 X 5 year lease to experienced operator
- $50,000 net annual rental + outgoings + GST
- New lease commencing15th May 2021
- 4 On site car parking plus abundant on street free all day car parking
- Large local commercial catchment including Lendlease, Socobell, Hutchinson Builders
- Servicing 100+ new business owners next door and adjacent.

Call Glyn Bosisto on 0414 304 580 to arrange an inspection & for detailed property report.

Altona North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4482 $176 3.92%
Offices $3309 $173 5.22%
Industrial $2804 $149 5.31%
This is the average advertised price, rent and yield for Altona North, VIC 3025*

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™.
  • 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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