Added 3 days ago
2/241 South Gippsland Highway,
Cranbourne, VIC 3977
Shops & Retail
Added 3 days ago
Key property information
Floor area
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Facey Property -
10A EJ CourtDANDENONG SOUTH, VIC 3175
2/241 South Gippsland Highway
Cranbourne, VIC 3977
Map of 2/241 South Gippsland Highway
Train stations within 5 km of 2/241 South Gippsland Highway, Cranbourne, VIC 3977 Distance Cranbourne Station 268 m Merinda Park Station 2.6 km POWERED BY HERE ©Bus stops within 5 km of 2/241 South Gippsland Highway, Cranbourne, VIC 3977 Distance Camms Rd/South Gippsland Hwy (Cranbourne) 25 m Bowen St High St 143 m Highview Ave/Camms Rd (Cranbourne) 178 m Milojevic CtSouth Gippsland Hwy Cranbourne 223 m Canterbury StCamms Rd 247 m POWERED BY HERE ©
POWERED BY HERE ©
A mouthwatering investment
- South Gippsland Hwy exposure
- McDonalds and Domino's close by
- Excellent passing traffic
Here’s a great opportunity to secure a refurbished retail property in one of Cranbourne’s busiest fast food strips, positioned alongside well known operators including McDonald’s and Domino’s. It’s a tightly held location with strong foot traffic and consistent trade.
The property is leased to the established Cranbourne Kebab Lovers, a reliable long term tenant with a solid track record.
Lease term: 10 + 5 + 5 years
Start date: 01/12/2024
Current rent: $52,188 per annum plus outgoings and GST
Annual increases: Fixed 4%
Security: $14,329
With its recent refurbishment and excellent exposure to South Gippsland Highway, the property is well positioned for future rental and capital growth. Opportunities like this in busy, proven precincts don’t come up often.
Call us to inquire or arrange an inspection at Faceyproperty.com.au.
Don’t miss out on this excellent investment opportunity!
Enquire at www.faceyproperty.com.au to make your next move.
The property is leased to the established Cranbourne Kebab Lovers, a reliable long term tenant with a solid track record.
Lease term: 10 + 5 + 5 years
Start date: 01/12/2024
Current rent: $52,188 per annum plus outgoings and GST
Annual increases: Fixed 4%
Security: $14,329
With its recent refurbishment and excellent exposure to South Gippsland Highway, the property is well positioned for future rental and capital growth. Opportunities like this in busy, proven precincts don’t come up often.
Call us to inquire or arrange an inspection at Faceyproperty.com.au.
Don’t miss out on this excellent investment opportunity!
Enquire at www.faceyproperty.com.au to make your next move.
Cranbourne, 3977 demographic data
The median household income for Cranbourne is $1,477, 22% lower than Greater Melbourne's household income of $1,901. Cranbourne has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 63% of property owners in Cranbourne have a mortgage.
21,281
Population
$1,477 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
Facey Property - 10A EJ Court
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175
More properties from Facey Property -
Other properties you might be interested in based on the location and property type you are looking at.
Sale: $1.75M -$1.85M / Lease: $105,000 p.a. (net)
4B Wally Place,Lynbrook, VIC 3975 415 m²Offices • Shops & Retail • Showrooms & Large Format Retail