Share this property

realcommercial.com.au

2/841 Princes Highway Springvale, VIC 3171

Directions

2/841 Princes Highway,
Springvale, VIC 3171

Shops & Retail • Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Zoning

Tenure type

Sold on

Map of 2/841 Princes Highway

Directions

Maximum Exposure Investment To Established Tenant!

CVA Property Consultants are pleased to offer the opportunity to purchase a premium retail investment by way of Public Auction on Wednesday the 20th September 2017 at 12pm on site.

Currently leased to Zeev Kitchens Pty Ltd since 2012 on a recently renewed lease, the investment offers;

- Rental Return: $72,161.15 per annum + outgoings and GST
- Tenant: Zeev Kitchens Pty Ltd
- Lease Term:  Five (5) year lease + Five (5) year option
- Commencement: 15th October 2017
- CPI annual increases
- Tenant in occupation for the last 5 years
 
The property features;

- Total Building area: 230m2*
- 4 allocated car spaces (2 either side of property)
- Air-conditioning and heating
- Prominent whole building signage and exposure to Princes Highway, Springvale Road, and Centre Road
- Total daily average passing vehicle traffic across Centre Rd, Springvale Rd and Princes Hwy is 94,000 on average per day (Vic Roads Data 2016)
- Dual access that will cater to 2 tenancies in future if required

The property is situated on one of Melbourne's busiest intersections and is 26km* from Melbourne's CBD.

*approx.

Property ID: 502520034Last Updated: 2 Oct 2019

realcommercial.com.au logo
2/841 Princes Highway
Springvale, VIC 3171
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.