Shop 6, 111 Mountain View Road,
Briar Hill, VIC 3088
Shops & Retail
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Map of Shop 6, 111 Mountain View Road
Retail Hot Spot
- Rental $31,214 pa net
- Leased to long-standing tenant
- Favourable 4% annual increases
Affordable investment leased to 2027.
With a prominent position, a stable long-term tenant plus an existing lease incorporating annual rent increases, this outstanding investment property has it all. GrayJohnson is delighted to offer for sale this high profile premises, which is currently occupied by Briar Hill Bakehouse. This popular bakery business has occupied the site since February 2006.
Key features
• Building area 70 sqm*
• Rear access from laneway
• Leased to February 2027
• Rental $31,214 pa net
• Favourable 4% annual rental increases
• Surrounded by established residential precinct
• Bus stop at the door
The Briar Hill shopping centre offers a superb tenancy mix with other essential service providers including a pharmacy, milk bar, hairdresser, florist, Bottlemart and more, along with an off-street customer carpark. Nearby occupants also include Yarra Trail Medical, Midas and Battery World.
It enjoys fantastic exposure on the corner of two main roads and services a loyal local population of families and couples with above average household income. The location is just minutes from the Metropolitan Ring Road
This is a rare opportunity to purchase a solid asset occupied by a successful business and offering immediate returns on your investment.
Auction Thursday 14 March @ 11 am
With a prominent position, a stable long-term tenant plus an existing lease incorporating annual rent increases, this outstanding investment property has it all. GrayJohnson is delighted to offer for sale this high profile premises, which is currently occupied by Briar Hill Bakehouse. This popular bakery business has occupied the site since February 2006.
Key features
• Building area 70 sqm*
• Rear access from laneway
• Leased to February 2027
• Rental $31,214 pa net
• Favourable 4% annual rental increases
• Surrounded by established residential precinct
• Bus stop at the door
The Briar Hill shopping centre offers a superb tenancy mix with other essential service providers including a pharmacy, milk bar, hairdresser, florist, Bottlemart and more, along with an off-street customer carpark. Nearby occupants also include Yarra Trail Medical, Midas and Battery World.
It enjoys fantastic exposure on the corner of two main roads and services a loyal local population of families and couples with above average household income. The location is just minutes from the Metropolitan Ring Road
This is a rare opportunity to purchase a solid asset occupied by a successful business and offering immediate returns on your investment.
Auction Thursday 14 March @ 11 am
Property ID: 504518016Last Updated: 2 Apr 2024
Gray Johnson - Melbourne
30 Collins Street.MELBOURNE, VIC 3000
Shop 6, 111 Mountain View Road
Briar Hill, VIC 3088
Gray Johnson - Melbourne30 Collins Street.
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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