9, 950 Main Road, Eltham, VIC 3095

Offices | Medical

Sold $400,000

  • Property ID: 398117
  • Floor Area: 77m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 77m2 N/A N/A
Rare Opportunity - Prized Commercial & Retail Strip **Under Offer**

This is a superb opportunity to acquire a perfectly positioned commercial first floor office investment offering strong future capital growth.
The well-established tenant has a proven track record which underpins this astute investment and together with the exceptional location of the vibrant Eltham village, train station and a well-structured lease, this outstanding offering enjoys superb exposure and forms part of a tightly held retail strip amidst a wide range of thriving businesses.

Surrounding local amenities/retailers include, Woolworths, Coles, Aldi, Chemist Warehouse, Commonwealth Bank, Bank Of Melbourne ,Bendigo Bank and numerous cafes, restaurants and retail.
The asset is located in the highly prized commercial Activity Centre Zone (ACZ 1), loads of street car parking availability and positions itself within the thriving North East corridor making this a rare commercial opportunity in a highly sought after location.
A wise Investment opportunity for the astute buyer to add this premium offering to their growing portfolio.

Property features include:-

• Floor area 77sqm*
• Rent $18,167 per annum + GST + Outgoings
• Lease 5 + 5 years
• 5 year lease commenced 15 October 2020
• CPI increase each anniversary
• Ample free car parking
• Heating and Cooling throughout
• Professional office fit out

**All queries must be accompanied with full contact names and mobile contact number**
** CORONAVIRUS INSPECTION PROTOCOL**
**Photo Id and Proof of Vaccination via the Service Victoria App is a condition of inspection**

1/ Please maintain healthy social distancing (1.5m) from others attending the inspection, including the Lock Bulmer staff
2/ Please refrain from touching surfaces within the property where possible
3/ You may be requested to wait outside the property to help reduce the number of people in the property at one time
4/ Appointments may be subject to change, please contact the listing agent prior to attending an inspection to confirm the inspection.

Eltham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $133 ---
Offices $5195 --- ---
Retail --- $909 ---
This is the average advertised price, rent and yield for Eltham, VIC 3095*

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

Days on Market data for Offices 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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