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1357 Centre Road Clayton South, VIC 3169

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1357 Centre Road,
Clayton South, VIC 3169

Medical & Consulting • Shop & Retail

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Sold

$2,210,000

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Map of 1357 Centre Road

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BRAND NEW 15 YEAR LEASE TO LONG STANDING TENANT OF 44 YEARS

CBRE are delighted to present for sale a rare opportunity to invest into a brand new fifteen (15) year lease to a longstanding tenant of 44 years!

The difficulty in acquiring property with such a strong lease covenant is not to be underestimated, not to mention the fact that this property boasts;

- Prominent corner two (2) level building with outstanding Centre Road exposure

- 2 extensive street frontages totalling 61m*

- NLA of 350sqm* featuring 8 car spaces on-site

- Irreplaceable multi-frontage land holding of 696sqm*, with dominant exposure to the corner of Centre Road & Burton Avenue

- Outstanding access to the Princess Highway providing direct access to the Melbourne CBD (23km*)

- Well serviced by public transport, schools, parklands and recreation facilities and only 300m* to Clayton retail strip and 6.0km* to Chadstone Shopping Centre.

- Brand new fifteen (15) year lease complemented by strong 4% fixed annual rental increases providing exciting income growth prospects

- Total income of $87,500* per annum

For Sale via Public on-site Auction Thursday 26th May at 12.30pm.

Sandro Peluso
+61 418 389 757

Josh Twelftree
+61 452 524 985

*approx

Property ID: 501939154Last Updated: 19 Apr 2021

03 8 *** ***
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1357 Centre Road
Clayton South, VIC 3169

Agency contacts

CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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CBRE Mulgrave
CBRE - Melbourne
1357 Centre Road Clayton South, VIC 3169

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

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