RETAIL INVESTMENT WITH FUTURE UPSIDE (STCA)

SOLD

289A Springfield Road

Nunawading VIC 3131

Retail

FOR SALE

150m2

    • Floorplans View Floorplan
Ray White Commercial Oakleigh is delighted to offer for sale by way of Public Auction, this outstanding retail investment located in one of South-East Melbourne's most rapidly growing locations.

Auction | 5th October 2018 @ 11:00am, On-site

- Total land area | 181m2 approx
- Total building area | 150m2 approx
- Current Rental | $38,673.60 plus outgoings
- Three (3) year lease - Commenced July 2017
- One (1) further option of three (3) years
- Excellent main road exposure - 8 metre frontage (approx)
- Male/Female toilets
- Rear Access
- Freestanding Retail Property with Future Development Potential (STCA)
- Commercial 1 Zoning (C1Z)

This freestanding retail property boasts excellent main road frontage with the added bonus of a long-term and established tenancy, having been trading for over 30 years.

Being situated within direct proximity to Maroondah Highway and between Springvale Road and Blackburn Road, locations do not get much better than this.

Paul Rizzo - 0418 688 888
paul.rizzo@raywhite.com

Theo Karkanis - 0431 391 035
theo.karkanis@raywhite.com