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Retail

2/255 Dorset Road Boronia, VIC 3155

Sold on 11 Aug 2016
  • Building: 53m²
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Retail in Boronia

Under Offer - Retail Investment with Potential Upside

  • Building: 53m²

This retail investment is located with the Knox City planning area of Boronia and is currently under review to be rezoned as Activity Centre allowing for high density development.

The retail shop is leased to Jimmyz Kebabs in thriving retail strip on a 3 x 3 x 3 year lease which commenced in October 2015.

This sound retail investment in the central Dorset Road shopping strip has exceptional redevelopment upside whilst owning fantastic exposure to both vehicle traffic and pedestrians as it backs onto Boronia's train station and central shopping district.

Features include :-

  • 3 x 3 x 3 year lease commencing October 2015
  • Building area 53sqm*
  • Rent $12,730* + GST & outgoings
  • Commercial 1 zoning
  • Prominent corner position with high visibility and foot traffic through arcade
  • Neighbours Boronia train station and shopping precinct
  • Easily accessible with ample parking surrounds

To inspect or for further information contact Paul Waterhouse 0417 660 153
Approximately*

Building:

53m²

Zone:

Commercial 1 Zone

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

Title Scheme:

Strata Title

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

2/255 Dorset Road, Boronia, VIC 3155