1/1866 Princes Highway,
Clayton, VIC 3168

Shops & Retail • Showrooms & Large Format Retail

Key property information

Floor area

Tenure type

Sold on

Map of 1/1866 Princes Highway

Directions

Secure Lease to ASX Listed Tenant

10 Year Lease to 2020
Fixed 4% increases
Top 10 Trading Autobarn

Secure 10 year lease to 2020 plus option to 2024.
Fixed 4% increases.
1,240 sqm premises.
Autobarn: A subsidiary of Burson Group Limited with 416 auto outlets Australia Wide.
Monash Central Square: Established centre including Autobarn, Petbarn, Fernwood, AMF Bowling and Nandos.
Princes Highway frontage of 200+ metres.
Important 180 car spaces on title.
Strategic south east Melbourne retail precinct.
Amongst IKEA, Coles, Bunnings, Dan Murphys Harvey Norman etc.
Directly opposite The Nova Centre development – proposed Woolworths / 629 room hotel.
City of Monash: Thriving inner city area serviced by a retail trade catchment forecast to grow to 1.3 million residents by 2035.
Lessee pays usual outgoings as per the lease.
Rent: $250,232 pa ($201 sqm).

Auction 11am AEDT Wednesday 24 February.
River Room, Crown Casino Melbourne.

Clayton, 3168 demographic data

The median household income for Clayton is $1,494, 21% lower than Greater Melbourne's household income of $1,901. Clayton has a younger age profile compared to the rest of Greater Melbourne (median age 28 vs 37). Property ownership data shows 45% of property owners in Clayton have a mortgage.

18,988

Population

$1,494 per week

Median household income

28 years

Median age

Renters

Most residents

Families

Most households