348-350 Clayton Road,
Clayton, VIC 3168

Shops & Retail

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

03 9613 04...

348-350 Clayton Road

Clayton, VIC 3168

03 9613 04...

Map of 348-350 Clayton Road

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100% LEASED TO 2 LONGSTANDING AND PROVEN RETAIL TENANTS

CBRE Melbourne Strip Retail Investments are pleased to bring to the market 348-350 Clayton Road, Clayton for sale via Public On-Site Auction Thursday 18th October at 12:30pm

We highlight some key features below:

- Recently renewed (net net) lease to ASX Listed tenant NAB + 5 year lease to longstanding tenant 'United Schools of Martial Arts'

- Annual income of $173,956* + GST + Outgoings with fixed 3% increases and majority of outgoings recoverable

- Highly strategic & convenient location amongst national retailers, public transport (train) and an abundance of free council car parking

- Positioning on an oversized 502sqm* landholding with over 12m* of frontage and highly accessible rear lane access

- Prominent 508sqm* double storey retail building with sought after exposure to the busy Clayton Road, Clayton retail precinct and access to 150+ council car parks immediately to the rear

*Approx.

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

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000