11 Hall Street,
Moonee Ponds, VIC 3039
Development Sites & Land • Offices • Shops & Retail
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Mulcahy Butera - Melbourne
P O Box 414NORTH MELBOURNE, VIC 3051
11 Hall Street
Moonee Ponds, VIC 3039
Map of 11 Hall Street
Train stations within 5 km of 11 Hall Street, Moonee Ponds, VIC 3039 Distance Moonee Ponds Station 370 m Ascot Vale Station 1 km Essendon Station 1.3 km Glenbervie Station 2.1 km Newmarket Station 2.4 km POWERED BY HERE ©Tram stops within 5 km of 11 Hall Street, Moonee Ponds, VIC 3039 Distance 32-Moonee Ponds Junction/Pascoe Vale Rd (Moonee Ponds) 104 m 33-Moonee Ponds Junction/Pascoe Vale Rd (Moonee Ponds) 139 m 34-Moonee Valley Civic Centre/Pascoe Vale Rd (Moonee Ponds) 336 m 35-Queens Park/Pascoe Vale Rd (Moonee Ponds) 448 m 31-Montgomery St/Mt Alexander Rd (Moonee Ponds) 550 m POWERED BY HERE ©Bus stops within 5 km of 11 Hall Street, Moonee Ponds, VIC 3039 Distance Moonee Ponds InterchangeMt Alexander Rd 84 m Alexandra Ave/Pascoe Vale Rd (Moonee Ponds) 189 m Mt Alexander Rd/Kellaway Ave (Moonee Ponds) 234 m Moonee Ponds Railway Station/Norwood Cres (Moonee Ponds) 379 m 33-Chaucer St/Ascot Vale Rd (Moonee Ponds) 428 m POWERED BY HERE ©
POWERED BY HERE ©
'Is this Moonee Ponds' Best Add Value Proposition?'
- Short Term Income
- 3 Street Frontages
- Activity Centre Zone
Mulcahy Butera is delighted to offer for sale by private treaty - 11 Hall Street, Moonee Ponds.
The offering comprises a 3 level Office/Retail Premises of 459* sqm on one title, divided into 3 tenancies, with a ground floor retail/office and 2 self-contained office suites on the upper levels.
The building is predominantly brick in construction, with a metal roof and parking on title accessible via a ROW to the rear of the building.
- Tenancy Particulars:
Ground Floor
GLA – 108* sqm
Currently vacant, previous occupant was a hairdressing salon – was leased at $42,207 per annum NET
First Floor
NLA – 109* sqm
Tenancy – Accounting Bonum Services
Lease Term plus Options – Overholding/Monthly
Commencement Date – Original Lease dated 17 May 2019
Current Rental - $35,238.36 per annum NET
Rental Review – 4% annual review
Second Floor
NLA – 108* sqm.
Tenancy – Ferraro Pruscino Solicitors
Lease Term plus Options – Overholding/Monthly
Commencement Date – 7 October 2008
Current Rental – 33,579.60 per annum
Rental Review – 4% annual review
- Location:
11 Hall Street Moonee Ponds is located on the southern side of Hall Street, between Mt Alexander Road and Margaret Street in Moonee Ponds. Undoubtedly its’ location within the 'Moonee Ponds Activity Centre' and the major Retail/Commercial and Residential development that the precinct has undergone, especially in the last 10 years, provides an unparalleled location and an enormous mixed use development upside. (stca)
Public transport is available via a bus and tram route at the junction and the Moonee Ponds train line is within walking distance.
- Planning:
The property is zoned Activity Centre Zone (ACZ) under the provisions of the City of Monnee Ponds Planning Scheme.
The purpose of this zone is ‘to encourage a mixture of uses and the intensive development of the activity centre with a special focus of business and housing at higher densities.’
- Terms Of Sale:
Terms of sale are 10% deposit upon signing contract with Settlement 60 – 90 days. A Contract of Sale and Vendor Statement are available upon request.
- Conclusion:
11 Hall Street Moonee Ponds represents a rare opportunity to secure a strategically located opportunity in the heart of Moonee Ponds. Rarely does the market offer such an asset which caters for a mixture of long term Investment, Owner Occupation or a Development play within the city fringe market of Metropolitan Melbourne.
Consider the highlights:
Enormous Development upside (stca)
Flexible Zoning
Existing holding Income
3 street frontages
Proximity to amenities, arterial routes and public transport
We highly recommend your consideration of this opportunity.
The offering comprises a 3 level Office/Retail Premises of 459* sqm on one title, divided into 3 tenancies, with a ground floor retail/office and 2 self-contained office suites on the upper levels.
The building is predominantly brick in construction, with a metal roof and parking on title accessible via a ROW to the rear of the building.
- Tenancy Particulars:
Ground Floor
GLA – 108* sqm
Currently vacant, previous occupant was a hairdressing salon – was leased at $42,207 per annum NET
First Floor
NLA – 109* sqm
Tenancy – Accounting Bonum Services
Lease Term plus Options – Overholding/Monthly
Commencement Date – Original Lease dated 17 May 2019
Current Rental - $35,238.36 per annum NET
Rental Review – 4% annual review
Second Floor
NLA – 108* sqm.
Tenancy – Ferraro Pruscino Solicitors
Lease Term plus Options – Overholding/Monthly
Commencement Date – 7 October 2008
Current Rental – 33,579.60 per annum
Rental Review – 4% annual review
- Location:
11 Hall Street Moonee Ponds is located on the southern side of Hall Street, between Mt Alexander Road and Margaret Street in Moonee Ponds. Undoubtedly its’ location within the 'Moonee Ponds Activity Centre' and the major Retail/Commercial and Residential development that the precinct has undergone, especially in the last 10 years, provides an unparalleled location and an enormous mixed use development upside. (stca)
Public transport is available via a bus and tram route at the junction and the Moonee Ponds train line is within walking distance.
- Planning:
The property is zoned Activity Centre Zone (ACZ) under the provisions of the City of Monnee Ponds Planning Scheme.
The purpose of this zone is ‘to encourage a mixture of uses and the intensive development of the activity centre with a special focus of business and housing at higher densities.’
- Terms Of Sale:
Terms of sale are 10% deposit upon signing contract with Settlement 60 – 90 days. A Contract of Sale and Vendor Statement are available upon request.
- Conclusion:
11 Hall Street Moonee Ponds represents a rare opportunity to secure a strategically located opportunity in the heart of Moonee Ponds. Rarely does the market offer such an asset which caters for a mixture of long term Investment, Owner Occupation or a Development play within the city fringe market of Metropolitan Melbourne.
Consider the highlights:
Enormous Development upside (stca)
Flexible Zoning
Existing holding Income
3 street frontages
Proximity to amenities, arterial routes and public transport
We highly recommend your consideration of this opportunity.
Property ID: 504523860Last Updated: 17 Apr 2024
Mulcahy Butera - MelbourneP O Box 414
NORTH MELBOURNE, VIC 3051
NORTH MELBOURNE, VIC 3051
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