10 Parsons Lane,
Olinda, VIC 3788
Shops & Retail
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Map of 10 Parsons Lane
MULTIPLE TENANTS ON A GREAT PARCEL OF LAND
Appleby Commercial is pleased to offer 10 Parsons Lane, Olinda for sale.
The property is located within the tightly held Olinda township and would be suited to the astute investor.
Property Features:
- Land area: 1264m2
- Total building area: 160m2
- 4 Shops (All Leased)
- Car park via Parsons Lane: 11 spaces
- Direct access to Olinda-Monbulk Road via lane
- Opportunity for future re-development (STCA)
Lease Details:
Shop 1 (Building area: 31.5m2)
- Returning: $21,500 net p.a.
- Term: 2 years commencing 3rd March 2023
Shop 2 (Building area: 35.4m2)
- Returning: $23,465.45 net p.a.
- Term: 5 years commencing 1st March 2022
Shop 3 & 4 (Building area: 78m2)
- Returning: $21,458.18 net p.a.
- Term: 5 years commencing 1st March 2021
Total Return: $66,423.63 net p.a.
For further information or to arrange an inspection please contact Appleby Commercial today.
The property is located within the tightly held Olinda township and would be suited to the astute investor.
Property Features:
- Land area: 1264m2
- Total building area: 160m2
- 4 Shops (All Leased)
- Car park via Parsons Lane: 11 spaces
- Direct access to Olinda-Monbulk Road via lane
- Opportunity for future re-development (STCA)
Lease Details:
Shop 1 (Building area: 31.5m2)
- Returning: $21,500 net p.a.
- Term: 2 years commencing 3rd March 2023
Shop 2 (Building area: 35.4m2)
- Returning: $23,465.45 net p.a.
- Term: 5 years commencing 1st March 2022
Shop 3 & 4 (Building area: 78m2)
- Returning: $21,458.18 net p.a.
- Term: 5 years commencing 1st March 2021
Total Return: $66,423.63 net p.a.
For further information or to arrange an inspection please contact Appleby Commercial today.
Property ID: 504240944Last Updated: 28 Apr 2023
Appleby - Bayswater
20 Station StreetBAYSWATER, VIC 3153
10 Parsons Lane
Olinda, VIC 3788
Appleby - Bayswater20 Station Street
BAYSWATER, VIC 3153
BAYSWATER, VIC 3153
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