Retail

Property ID: 441211

 

Two Bayside Investments (Offered Separately) in 0% Vacancy Retail Village

Shops 1-3 & 4, 507-533 Bluff Road, Hampton, VIC 3188

Stonebridge Property Group is pleased to present for sale Shops 1-3 & 4, 507-533 Bluff Road, Hampton.

The key highlights of these opportunities include:

Location:

- Secure one or both ‘set and forget’ entry level investments, well positioned in the affluent Bayside suburb of Hampton

- The tightly held retail village boasts a strong history of tenant retention (currently boasts 0% vacancy) and is serviced by 65 free car parks

- Neighbouring retailers include national brands Cellarbrations, 7-Eleven & Subway

- The surrounding demographic supports retail trade with a median family income 70% higher than the Victorian average and a median house price of $2,320,000

Shops 1-3:

- Offered with a 5-year lease to global health and wellness tenant Snap Fitness

- Snap Fitness is a world-recognised, privately owned health club franchise with 2500+ stores throughout 24 countries

- 262 sqm* of ground floor retail space with 14 m* of high exposure street frontage

- Providing annual CPI increases

Shop 4:

- Offered with a recently renewed 3-year lease to the longstanding Bayside Dog Grooming Salon

- Bayside Dog Grooming Salon has been servicing the local community for over 12 years

- Modern 72 sqm* ground floor retail space

- Providing fixed 3% annual increases

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
+61 448 782 594

Sarah Xi ???
+61 468 320 297

* Approximately

Property Code: 888

Sold

$500,000

Nic Hage03 90880055

Sarah Xi ???03 90880055