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Gross Waddell ICR Pty Ltd - Melbourne

89a Atherton Road Oakleigh, VIC 3166

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89a Atherton Road,
Oakleigh, VIC 3166

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Gross Waddell ICR Pty Ltd - Melbourne
Alex Ham
Richard Cookesley

Gross Waddell ICR Pty Ltd - Melbourne

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR Pty Ltd - Melbourne
89a Atherton Road
Oakleigh, VIC 3166

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A TASTY RETAIL INVESTMENT

  • New 12 Year Lease
  • Strong Rental Income
  • Leased to Experienced Café Operator
** SOLD **

Gross Waddell ICR is pleased to offer for sale 89a Atherton Road, Oakleigh. The property is positioned on the ground floor of Alke Apartments, developed by Pellicano situated within the heart of Oakleigh.

Key property highlights include:

• Brand new 12 year lease (plus 1 further option of 5 years)

• Leased to established café operator – Short Straw Café

• Rental: $60,000* p.a.

• Strong annual 4% increases, market review at option

• Lettable area: 140sqm*, including private courtyard and amenities plus outdoor customer seating out the front and side of the property

• 2 undercover car parks on title

• Located on the ground floor of Alke Apartments comprising of 83 high end apartments

• Within close proximity to Eton Mall, Oakleigh Train Station and Oakleigh Central Shopping Centre

89a Atherton Road, Oakleigh is for Private Sale.

For further information or to organise an inspection, please contact Gross Waddell ICR directly.


*Approx.

Property ID: 504462084Last Updated: 13 Mar 2024

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