1221 Stud Road,
Rowville, VIC 3178
Shops & Retail • Development Sites & Land
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Tenure type
Sold on
Map of 1221 Stud Road
Rare Investment Opportunity with 2 Shops and a Residence on 1202 sqm Land
- Massive Coner Block with Potential
- Net Rental $89,989 p.a. + Outgoings
- Stable Leases with Options to Renew
An excellent opportunity for investors to acquire a prime piece of real estate at a CORNER BLOCK with a massive appox. 1202 sqm land in a highly sought-after and busy location, boasting two fully leased shops - a popular pizza shop (approx. 80 sqm) combined with a spacious residence property, and a spacious grocery store (approx. 200 sqm), along with 13 customer car parks from Bergins Road entrance.
Conveniently located in the heart of the community, this property is surrounded by a wide range of amenities, including shopping centres, supermarkets, banks, medical centres, community centres and schools. With so many conveniences nearby, customers and tenants alike will appreciate the ease and convenience of the location.
Pizza Shop & Residency: $55,233 net per annum with 3% annual increase, lease term till 14/05/2025, with 5-year renewal option
Grocery Shop: $34,756 net per annum with 3% annual increase, lease term till 14/05/2026, with 5-year renewal option
The residency property offers 3 bedrooms, 1 bathroom, 2 toilets, and 1 carport, making it an attractive investment for those seeking a stable income stream.
Prime location, massive land on corner block, combined with stable rental income, make it a rare commercial investment opportunity for those looking for a high return on their investment.
All offers will be closed at 1:00 PM on 01/06/2023 unless sold prior.
Conveniently located in the heart of the community, this property is surrounded by a wide range of amenities, including shopping centres, supermarkets, banks, medical centres, community centres and schools. With so many conveniences nearby, customers and tenants alike will appreciate the ease and convenience of the location.
Pizza Shop & Residency: $55,233 net per annum with 3% annual increase, lease term till 14/05/2025, with 5-year renewal option
Grocery Shop: $34,756 net per annum with 3% annual increase, lease term till 14/05/2026, with 5-year renewal option
The residency property offers 3 bedrooms, 1 bathroom, 2 toilets, and 1 carport, making it an attractive investment for those seeking a stable income stream.
Prime location, massive land on corner block, combined with stable rental income, make it a rare commercial investment opportunity for those looking for a high return on their investment.
All offers will be closed at 1:00 PM on 01/06/2023 unless sold prior.
Rowville, 3178 demographic data
The median household income for Rowville is $2,205, 16% higher than Greater Melbourne's household income of $1,901. Rowville has an older age profile compared to the rest of Greater Melbourne (median age 41 vs 37). Property ownership data shows 54% of property owners in Rowville have a mortgage.
33,571
Population
$2,205 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
Ascend Real Estate - Doncaster East
1025 Doncaster RoadDONCASTER EAST, VIC 3109
1221 Stud Road
Rowville, VIC 3178
Ascend Real Estate - Doncaster East1025 Doncaster Road
DONCASTER EAST, VIC 3109
DONCASTER EAST, VIC 3109
