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Bosisto Commercial - MELBOURNE

Millers Junction Shopping Centre, 1 Plover Drive Altona North, VIC 3025

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Millers Junction Shopping Centre, 1 Plover Drive,
Altona North, VIC 3025

Showrooms & Large Format Retail • Shops & Retail • Offices

Price information

Sale - Expression of Interest closing Thu 17 Oct

Expression of Interest - Closing 17th October 2024

Detailed listing

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$168,000
Number of Tenants
1 Tenant
Tenants / Type
Bapcor Limited (AutoBarn)

Expression of Interest

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Private inspections

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Bosisto Commercial - MELBOURNE
Mark Charlton
Glyn Bosisto
Tom Davis

Bosisto Commercial - MELBOURNE

1/33 Fennell Street
PORT MELBOURNE, VIC 3207
Bosisto Commercial - MELBOURNE
Millers Junction Shopping Centre, 1 Plover Drive
Altona North, VIC 3025

Detailed listing

Map of Millers Junction Shopping Centre, 1 Plover Drive

Directions
  • Train stations within 5 km of Millers Junction Shopping Centre, 1 Plover Drive, Altona North, VIC 3025Distance
    Seaholme Station2.5 km
    Altona Station2.6 km
    Westona Station3.3 km
    Newport Station3.7 km
    Spotswood Station4.3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Millers Junction Shopping Centre, 1 Plover Drive, Altona North, VIC 3025Distance
    Park & Ride/Millers Rd (Altona North)371 m
    Berkeley Cres/Millers Rd (Altona North)445 m
    Ross Rd/Millers Rd (Altona North)502 m
    Douglas St/Millers Rd (Altona North)532 m
    Berkeley Cres/McIntosh Rd (Altona North)574 m
    POWERED BY HERE ©
POWERED BY HERE ©

Retail Investment | Leased to ASX Listed AutObarn | Millers Junction Shopping Centre Altona North

  • National ASX LIsted Tenant
  • Superbly positioned next to Bunnings
  • Commercial 2 Zone (Retail STCA)
Bosisto Commercial are delighted to offer for sale a rare opportunity to own premium retail within a major shopping centre precinct
- Premium positioning opposite Bunnings, Aldi, officeworks, JB HIFI and next to cafe
- Comprising single level retail showroom of 700m2 + 21 car spaces on title
- Site (land) area 860m2 approx
- Expansive 25m+ frontage offers extensive advertising & promotional opportunities to highly trafficked central car park
- Flexible Commercial 2 zoning (Retail STCA)
- 3 Year lease to AutObarn (Bapcor) National ASX listed company
- Net rental income of ~$168,000 net + GST with future rental growth potential
- Millers Junction Shopping Centre is approaching 100% occupancy in the inner Melbourne's inner Wests highest growth commercial precinct
- All statutory outgoings payable by tenant including Land Tax
- Rear container height roller door + additional loading roller door.
- Opportunity to owner occupy or renew existing lease in ~12 months
- Alternative uses include offices, RTO, gym, supermarket, restaurant, showroom and many other mixed uses STCA
- Going concern GST exempt

Sale by Expression of Interest closing 4.00pm October 17th 2024
For information memorandum, sale documents & inspection times, contact Glyn Bosisto on 0414 304 5... or Tom Davis on 0419 207 8...

Additional information

Property ID: 504677892Last Updated: 24 Sep 2024

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