Retail

Ray White Commercial Oakleigh is pleased to offer 74 Poath Road, Hughesdale to market by way of Private Sale. This great opportunity to secure a stand-alone retail freehold investment with potential upside ideally located on the tightly held Poath Road retail strip.

The property is strategically located within the South-East corridor of Metropolitan Melbourne accessible via Dandenong Road, North Road and the Monash Freeway (M1) whilst being only 1.2km* from the Iconic Chadstone Shopping Centre. The premise is separated into two (2) self-sufficient areas providing multiple returns to acquire what we feel is an absolute must for any astute investor.

Property Features:

• Total land area | 219m2*
• Combined building area | 244m2*
• Retail area (117m2*) Two Storey Residence (127m2*)
• Street frontage to tightly held Poath Road retail strip
• Current combined rental $53,865* p/a
• Residence leased until 28th Feb 2022 returning $28,620 p/a
• Retail area leased until 13th June 2022 returning $25,245 p/a net
• Retail area has One (1) further term of 18 months plus One (1) further term of Three (3) Years
• Shop & residence separately metered
• Serviced by major arterial roads including Dandenong Road & Monash Freeway (M1)
• Only minutes from Chadstone Shopping Centre
• Public transport at your doorstep, only 100m* from Hughesdale station
• Future Development Upside (STCA)
• Commercial 1 Zone (C1Z)


INSPECTIONS VIA VIRTUAL INSPECTION: If you would like a copy of the virtual inspection conducted recently please contact George via the email below or call 0425 798 677.


ON-SITE INSPECTION: Inspections can also be conducted on-site by Private Booking. Please contact one of the agents below to arrange a suitable time.

George Kelepouris | 0425 798 677
Ryan Amler | 0401 971 622

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