13-15 Hamilton Street,
Mont Albert, VIC 3127
Shops & Retail
Key property information
Land area
Floor area
Zoning
Tenure type
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Ross Hunt - Surrey Hills
99-105 Union RoadSURREY HILLS, VIC 3127
0412 100 9...
13-15 Hamilton Street
Mont Albert, VIC 3127
Map of 13-15 Hamilton Street
UNDER CONTRACT - Investment Property tenanted to Churchill Cafe until 2028 + further options
Positioning itself as a desirable high yielding investment, this rare offering is a chance to add a securely tenanted asset to your improving portfolio.
The property is fully leased to a popular local cafe operation until 2/4/2028 (Churchill Cafe) with two further 5-year options to 2038.
The outdoor area and the shop are currently returning a rental income of approx. $89,414 per annum ($7,451.20 per calendar month) approx. with annual CPI increases.
The classic building and outdoor area is positioned on 316sqm and is incredibly located in a bustling shopping strip within walking distance to the new Union Train Station, and only 1.3km to Box Hill Central.
Features:
• A classic building with plenty of space for indoor seating and kitchen
• An outdoor space with room for chairs, tables and umbrellas
• Returning a rental income of approx. $89,414 per annum, leased until 2028, with two further 5-year options to 2038
• Land area is 316sqm, zoned C1Z
• Potential to extend or build on the outdoor area (STCA)
• Securely leased to a popular cafe in a bustling shopping strip walking distance to Union train station, tram and bus
Located among an eclectic array of shops, restaurants and services along Mont Albert's primary shopping strip, close to connecting major roads.
This is an exciting opportunity not to be missed! Call today!
The property is fully leased to a popular local cafe operation until 2/4/2028 (Churchill Cafe) with two further 5-year options to 2038.
The outdoor area and the shop are currently returning a rental income of approx. $89,414 per annum ($7,451.20 per calendar month) approx. with annual CPI increases.
The classic building and outdoor area is positioned on 316sqm and is incredibly located in a bustling shopping strip within walking distance to the new Union Train Station, and only 1.3km to Box Hill Central.
Features:
• A classic building with plenty of space for indoor seating and kitchen
• An outdoor space with room for chairs, tables and umbrellas
• Returning a rental income of approx. $89,414 per annum, leased until 2028, with two further 5-year options to 2038
• Land area is 316sqm, zoned C1Z
• Potential to extend or build on the outdoor area (STCA)
• Securely leased to a popular cafe in a bustling shopping strip walking distance to Union train station, tram and bus
Located among an eclectic array of shops, restaurants and services along Mont Albert's primary shopping strip, close to connecting major roads.
This is an exciting opportunity not to be missed! Call today!
Mont Albert, 3127 demographic data
The median household income for Mont Albert is $2,324, 22% higher than Greater Melbourne's household income of $1,901. Mont Albert has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 42% of property owners in Mont Albert have a mortgage.
4,948
Population
$2,324 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
Ross Hunt - Surrey Hills99-105 Union Road
SURREY HILLS, VIC 3127
SURREY HILLS, VIC 3127
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