1 Plover Drive, Altona North, VIC 3025

Showrooms | Retail | Offices

For Sale Expression of Interest

Expressions Of Interest

  • Property ID: 448138
  • Floor Area: 700m²
  • Land Area: 860m²
  • Occupancy: Vacant
Retail Investment or Owner Occupier Opportunity | Current Lease to AutObarn | Millers Junction Shopping Centre Altona North

Bosisto Commercial are delighted to offer for sale a rare opportunity to own premium retail within a major new shopping centre precinct
- Premium positioning opposite Bunnings, Aldi, officeworks, JB HIFI and next to cafe
- Comprising single level retail showroom of 700m2 + 21 car spaces on title
- Site (land) area 860m2 approx
- Extensive frontage allowing extensive advertising and promotional opportunities to highly trafficked central car park
- Flexible Commercial 2 zoning (Retail STCA)
- 3 Year lease to AutObarn (Bapcor) National Public listed Company
- Net rental income of ~$168,000 net + GST
- Millers Junction Shopping Centre is now approaching 100% occupancy in the inners Wests highest growth precinct
- All statutory outgoings payable by tenant including Land Tax
- Rear container height roller door + additional loading roller door.
- Can also be used as an office, RTO, gym, supermarket, restaurant, showroom and many other mixed uses STCA

Sale by Expression of Interest closing 4.00pm October 17th 2024
For information memorandum, sale documents & inspection times, contact Glyn Bosisto on 0414 304 580

Altona North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3400 $216 6.36%
Industrial $3532 $189 5.34%
Offices $2771 $182 6.56%
This is the average advertised price, rent and yield for Altona North, VIC 3025*
* 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.
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