Buxton commercial is excited to present for public auction this exceptional freehold property, located in the heart of the prestigious beachside suburb of Black Rock.

We highlight some outstanding features for your consideration:

- New, 5 year lease to an established longstanding tenant
- Returning $83,685pa + GST + Outgoings from 1 July 2019
- Complemented by 3% fixed annual increases
- Tenant in possession since 2003
- No lease options, offers flexible long-term opportunities
- Prime mixed use zoned landholding of 409sqm*
- Outstanding street exposure with a wide 12.19m* frontage
- Double storey building with a total building area of 378sqm*
- Incredible future development and/or add value opportunity (stca)
- Highly valuable on-site car parking: Up to 4 car spaces
- Excellent rear access via R.O.W
- Suit investors, future occupiers or developers (stca)
- Perfect landbank opportunity whilst generating secure rental income

Predominantly located within this tightly held pocket of Black Rock, close to schools, the sandy beaches of Black Rock and only 19km* from Melbourne’s CBD.

A phenomenal opportunity awaits, invest now, occupy later or even build an iconic Bayside mixed use development in the future with potential sweeping views over Half Moon Bay (scta). The options are endless.

Call Kenny Oliver now on 0409 144 1....

SOLD at auction.

(*approx)