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Cushman & Wakefield - Melbourne
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Unit 9/286-288 Maroondah Highway Chirnside Park, VIC 3116

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For Sale

Unit 9/286-288 Maroondah Highway Chirnside Park, VIC 3116

Shop & Retail • Warehouse, Factory & Industrial • Showrooms & Bulky Goods
Sale Price

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Floor area

850.0m²

Zoning

Zoned Commercial 2

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$118,014
Number of Tenants
1 Tenant
Tenants / Type
Acespace Pty Ltd

Secure & Well Established Investment

  • Returning $118,014 per annum net
  • Strong 3.0% fixed annual increases
  • Long standing tenant
Cushman and Wakefield is pleased to present to market this securely leased investment situated in Chirnside Park’s thriving retail commercial precinct.

Situated on Maroondah Highway major occupiers surrounding the subject property include Harvey Norman, Bunnings Warehouse, Autobarn, Petbarn, JB Hi Fi, Fernwood, Beacon Lighting among others.

Leased to long standing tenant Acespace Pty Ltd, the property consists of a concrete tilt panel unit currently occupied as a Children’s indoor play centre. Total building area is approximately 850 square metres.

Main features include:

• Renewed 5 year lease commencing 1 March 2019
• Leased to well established tenant Ace Space Children's Play Centre
• Returning $118,014 per annum net
• Building area of 850 square metres approximately
• Strong 3.0% fixed annual increases
• Options 2x5 years each
• Excellent signage and exposure on Maroondah Highway
• Zoned Commercial 2

Offered for immediate Private Sale

Please contact Robert Colaneri 0431 146 727 or Jordie Cassidy 0419 399 981 for further information.

Property ID: 503250390Last Updated: 18 Jul 2019

Cushman & Wakefield - Melbourne
Unit 9/286-288 Maroondah Highway
Chirnside Park, VIC 3116
Jordie Cassidy
Robert Colaneri

Cushman & Wakefield - Melbourne

Level 9, 385 Bourke Street
MELBOURNE, VIC 3000

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Cushman & Wakefield - Melbourne

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Cushman & Wakefield - Melbourne

Level 9, 385 Bourke Street
MELBOURNE, VIC 3000
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Jordie Cassidy

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Jordie Cassidy
Cushman & Wakefield - Melbourne
Unit 9/286-288 Maroondah Highway Chirnside Park, VIC 3116

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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