3/1320 Plenty Road,
Bundoora, VIC 3083
Shops & Retail • Offices • Medical & Consulting
Price information
Sale
Asking $480,000
Under Contract
Key property information
Floor area
Car spaces
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 3/1320 Plenty Road
Train stations within 5 km of 3/1320 Plenty Road, Bundoora, VIC 3083 Distance Watsonia Station 2.6 km MacLeod Station 3.2 km Keon Park Station 4.2 km Greensborough Station 4.4 km Thomastown Station 4.4 km POWERED BY HERE ©Tram stops within 5 km of 3/1320 Plenty Road, Bundoora, VIC 3083 Distance 66-Settlement Rd/Plenty Rd (Bundoora) 93 m 65-Grimshaw St/Plenty Rd (Bundoora) 123 m 69-Taunton Dr/Plenty Rd (Bundoora) 1.4 km 61-Bundoora Park/Plenty Rd (Bundoora) 1.9 km 70-Janefield Dr/Plenty Rd (Bundoora) 2 km POWERED BY HERE ©Bus stops within 5 km of 3/1320 Plenty Road, Bundoora, VIC 3083 Distance Cook StSettlement Rd 137 m Plenty RdGrimshaw St 141 m St Damian's PS/Settlement Rd (Bundoora) 248 m Olympic StGrimshaw St 263 m Grimshaw St/Plenty Rd (Bundoora) 270 m POWERED BY HERE ©
POWERED BY HERE ©
Affordable Main Road Investment With New 3 + 3 + 3 Year Lease
The Property
* 95 sqm office/shop/showroom with an additional 9 sqm balcony
* Direct Plenty Road frontage
* Floorboards and ducted air conditioning throughout the tenancy
* Light and bright, bathed in natural light
* Internal kitchenette and bathroom
* Regular shape
* Broad Commercial 1 zoning
* 2 designated car parks under the building
* 3 levels of apartments directly above
The Investment
* Leased to "The Compassion Hub" - a yoga and meditation studio
* The property is returning $26,000 per annum
* Rent increases to $27,040 per annum on 19/04/24
* Outgoings are paid by the tenant
* New 3 + 3 + 3 year lease from 19/04/23
* Prime Plenty Road position, opposite the thriving "Bundoora Square Shopping Centre"
* A 4% increase in April 2024 boosts the rental return to $27,040 per annum net
* Low rental rate for the quality
The Location and Further Info
* Prime Plenty Road position
* Directly beside Hocking Stuart Real Estate and the State MP
* A few doors away from Aldi
* Opposite the thriving Bundoora Square Shopping Centre
* Surrounded by easy street parking
* Just off the Metropolitan Ring Road interchange, and opposite tram route 86 into the CBD and northern suburbs
This property was listed with Modo's FREE Marketing Package featuring a virtual tour, photos, floor plan, online listings, and more.
* 95 sqm office/shop/showroom with an additional 9 sqm balcony
* Direct Plenty Road frontage
* Floorboards and ducted air conditioning throughout the tenancy
* Light and bright, bathed in natural light
* Internal kitchenette and bathroom
* Regular shape
* Broad Commercial 1 zoning
* 2 designated car parks under the building
* 3 levels of apartments directly above
The Investment
* Leased to "The Compassion Hub" - a yoga and meditation studio
* The property is returning $26,000 per annum
* Rent increases to $27,040 per annum on 19/04/24
* Outgoings are paid by the tenant
* New 3 + 3 + 3 year lease from 19/04/23
* Prime Plenty Road position, opposite the thriving "Bundoora Square Shopping Centre"
* A 4% increase in April 2024 boosts the rental return to $27,040 per annum net
* Low rental rate for the quality
The Location and Further Info
* Prime Plenty Road position
* Directly beside Hocking Stuart Real Estate and the State MP
* A few doors away from Aldi
* Opposite the thriving Bundoora Square Shopping Centre
* Surrounded by easy street parking
* Just off the Metropolitan Ring Road interchange, and opposite tram route 86 into the CBD and northern suburbs
This property was listed with Modo's FREE Marketing Package featuring a virtual tour, photos, floor plan, online listings, and more.
Explore property virtually
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If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 504466580Last Updated: 30 Apr 2024
3/1320 Plenty Road
Bundoora, VIC 3083
Modo PropertySuite 6, 609 Canterbury Road
SURREY HILLS, VIC 3127
SURREY HILLS, VIC 3127
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