9B/112 James Street, Templestowe VIC

For Sale

Retail

Auction | ($700,000 - $770,000)

225m2

Ray White Commercial Oakleigh is delighted to offer for sale via Public Auction on Wednesday 25th September, this exceptional retail investment located in the heart of The Templestowe Village.

Offering 225m2* of total building area, this outstanding retail property is leased to Equilibrium Gym who run and operate in seven other locations throughout Melbourne.

The property is surrounded by an abundance of nationally recognised businesses including IGA, Mitre 10 and Bendigo Bank as well as local institutions such as Carlucci's and Melissa Cakes.

The property is also located just moments from Westfield Doncaster and major arterial roads including the Eastern Freeway (M3).

Key Property Attributes:

- Total land Area | 318m2*
- Total Building Area | 225m2*
- Current Rental | $46,350 per annum + GST + Outgoings
- Term | Three (3) years | Commenced December 2017
- Further Terms | Two Further Terms of Three (3) Years
- Increases | Fixed 3% Annual Increases
- High Profile & Bustling Central Templestowe Location
- Outstanding Tenant Operating in 7 Locations
- Surrounded by an Abundance of Nationally Recognised Retailers
- Four (4) Allocated Car Parks
- Commercial 1 Zoning (C1Z)

The property will be open for inspection on the following dates and times:

- Thursday 19th September | 1:00 - 1:30pm

For further information or to discuss the property in more detail please contact one of the exclusive marketing agents:

Paul Rizzo - 0418 688 888
Joshua Colosimo - 0413 790 309