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Stonebridge Property Group - Melbourne

14 Macedon Road Templestowe Lower, VIC 3107

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14 Macedon Road,
Templestowe Lower, VIC 3107

Shops & Retail • Offices • Showrooms & Large Format Retail

Key property information

Land area

Floor area

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Stonebridge Property Group - Melbourne
Nic Hage
Ian Lam 林煒峻

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
14 Macedon Road
Templestowe Lower, VIC 3107

Map of 14 Macedon Road

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Macedon Square Freehold Leased by Longstanding Tenant

  • 185 sqm* Landholding
  • Rear Access + Car Parking
  • 6 Years of Tenant Retention
Stonebridge Property Group is pleased to present for sale 14 Macedon Road, Templestowe Lower.

The key highlights of the opportunity include:

- A set and forget freehold located in the low vacancy Macedon Square shopping village

- Positioned on a strategic 185 sqm* C1Z landholding, with surplus rear land that provides scope for further retail activation

- Leased by longstanding tenant, on a recently renewed 3-year net lease with 3% annual rental increases (rental increases transition to 3.5% during the final term)

- The strategic retail building has not been offered 'for lease' for over 50 years

- No further lease options from April 2031 provides scope to add value or occupy within 5.5 years

- The 158 sqm* building includes a prime retail shop and separately accessed 2-bedroom residence

- Ideally positioned at the heart of Macedon Square, a tightly held shopping precinct supported by major supermarkets Woolworths & ALDI

- Macedon Square is bolstered by 130+ public car parks and a number of national retailers, the convenience of the precinct drives 7 day trading conditions and record low vacancy

- Templestowe Lower is a sought-after suburb located 13 km* from the Melbourne CBD with a median house price of $1,344,000

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 5...

Ian Lam 林煒峻
0416 621 8...
如需任何国语或粤语咨询,请联系我们亚洲业务团队的Ian Lam 林煒峻,联系电话: 0416 621 8...,并可随时加他的微信 (WeChat ID: Ianlam2001)。

*Approximately

Property Code: 1530

Templestowe Lower, 3107 demographic data

14,098
Population
$1,920 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households

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