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Aston Commercial - MELBOURNE

258A Como Parade West Parkdale, VIC 3195

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258A Como Parade West,
Parkdale, VIC 3195

Shops & Retail • Other

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Aston Commercial - MELBOURNE
Fred Nucara

Aston Commercial - MELBOURNE

Level 15, 627 Chapel Street
SOUTH YARRA, VIC 3141
04185675...
Aston Commercial - MELBOURNE
258A Como Parade West
Parkdale, VIC 3195

Map of 258A Como Parade West

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PROBATE SALE IN THRIVING BOUTIQUE STRIP

UNDER OFFER

Aston Commercial are pleased to offer 258A Como Parade West, Parkdale for sale via Private Sale.

The picturesque property is located in the South-Eastern Bayside suburb of Parkdale, approximately 23km from the Melbourne CBD surrounded by the adjoining suburbs of Mentone & Mordialloc.

The opportunity is nestled within a thriving boutique shopping strip home to fabulous cafes, local take away outlets and anchored by the Parkdale Train Station. The property sits on an inviting total envelope of 190sqm* of commercially 1 zoned land with additional space at the rear to add further improvements.

The asset represents excellent value with an income of $21,057 per annum* with scope for significant upside in rent due to a forthcoming rent review in early 2021.

Property Highlights:
• Exciting Local Retail Village With Zero Vacancy
• Income of $21,057 net pa
• Land Area: 190sqm*
• Prime land with a Commercial 1 zoning
• Tenant has 5 + 5 year Option Beyond Existing Term
• Attractive Price Point with Steady Income Stream
• Rear Access Provided By Right of Way Lane
• Future development potential STCA

For further information, please contact Max Warren or Fred Nucara directly.

*approx.

Additional information

Property ID: 503679494Last Updated: 18 Jan 2021

Aston Commercial - MELBOURNE
Level 15, 627 Chapel Street
SOUTH YARRA, VIC 3141
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