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404-408 Shannon Avenue Newtown, VIC 3220

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404-408 Shannon Avenue
Newtown, VIC 3220

Shop & Retail • Warehouse, Factory & Industrial • Development Sites & Land
Sold Price

$1,500,000

Land area

2086.0m²

Floor area

200.0m²

Zoning

General Residential Zone - Schedule 1

Tenure type

Tenanted Investment

Sold on

27 Apr 2018

PETROL STATION, FAST FOOD & COFFEE

  • PRIME CORNER SITE
  • INCOME & UPSIDE
  • SUIT INVESTORS OR OWNER OPERATORS
404-408 Shannon Avenue, Cnr. West Fyans Street
Newton (Geelong)

Auction - Thursday 19th April 2018 on-site at 1:00pm

- Leased to long standing tenants on ultra conservative rentals.
Bonney Energy (Caltex Distributor), Subway and Muzz Buzz
- Total Income: $93,058 per annum approx.
Mkt reviews due: March 2019 (Bonney)
Sept 2020 (Subway)
May 2019 (Muzz Buzz)
- Substantial land holding of 2,086sqm approx. with 90m combined
frontages.
- Ideal Investment Opportunity.
- Potential for petroleum Owner Operators.
- Absolute Prime Corner Site.

Property ID: 502756762Last Updated: 21 Jun 2018

0418 *** ***
404-408 Shannon Avenue
Newtown, VIC 3220

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Ronald A Newton & Associates Pty Ltd - South Yarra

Level 3, 177 Toorak Road
SOUTH YARRA, VIC 3141
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Ron Newton
Ronald A Newton & Associates Pty Ltd - South Yarra
404-408 Shannon Avenue Newtown, VIC 3220

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

Kind Regards,

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  • Ron Newton

    Ronald A Newton & Associates Pty Ltd - South Yarra
    0418 *** ***