Delicious Retail Investment With Upside (STCA)

SOLD

1/20-22 Old Dandenong Road

Oakleigh South VIC 3167

Retail

FOR SALE

93m2

Ray White Commercial Oakleigh is delighted to present to one lucky purchaser this fantastic retail investment opportunity currently leased to a long running and established bakery while also offering future development potential (STCA).

Offering an opportunity not to be missed and located in one of Melbourne's most in demand south-eastern pockets, this single level free-hold building currently trading as the Continental Bakehouse and cafe since January 2004 is the perfect addition to your investment portfolio.

Key Features:

- Total building area 93m2 approx.
- Total land area 138m2 approx.
- 5 + 5 Year lease commenced 15/01/2019
- Returning $32,000 p/a + GST + Outgoings
- Fixed 3% annual increases
- 3 Phase power
- Two (2) Car spaces on rear
- R.O.W
- Commercial 1 Zone (C1Z)

George Kelepouris - 0425 798 677
Theo Karkanis - 0431 391 035