2, 39 Bernard Street, Cheltenham, VIC 3192

Hotel/Leisure | Retail | Showrooms

Sold $585,000

  • Property ID: 441375
  • Floor Area: 108m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 18/03/2024 108m2 N/A $630,000
BLUE CHIP TENANTED INVESTMENT

Fabulous opportunity to secure an investment property with a Blue Chip tenant in IGA.
The property is part of a combined tenancy occupied on long lease terms by IGA.
The current terms are 5 + 5 + 5 years starting 18/05/2021.
The current rent is $30,040pa + GST + outgoings with all outgoings paid by the tenant.
The rent increases are CPI annually and Market at each term
For those looking for a secure investment with a strong tenant this is an opportunity not to be missed.
Total Floor Area 108sqm*

All Inquiries Contact - John Black 0419341986
Matt Brown - 0418599486

*Approx

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5598 $323 5.76%
Industrial $5043 $179 3.54%
Retail $5939 $333 5.60%
This is the average advertised price, rent and yield for Cheltenham, VIC 3192*
* 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:

  • 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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×