717 High Street,
Armadale, VIC 3143
Offices
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Parking info
Zoning
Municipality
Tenure type
Sold on
Map of 717 High Street
A TASTY INVESTMENT - BELLISIMO!
This single storey property is located near the intersection of Orrong Road and will surely appeal to the discerning investor’s appetite.
Securely leased to the popular Italian restaurant, Cucina Vostra, the Lessee has signed a four (4) year lease from 29th November, 2009 with an agreed commencing rental of $39,600 per annum net. The lease provides for annual CPI (All Groups Melbourne) rent reviews with a market review at the commencement of the two (2) further terms of four (4) years.
The building area is 136 sq m approx with a land area of 206 sq m approx. Excellent rear access for deliveries is available from a laneway ROW. Outgoings - FY 2010:
• City of Stonington - $1,128.44
• South East Water - $450 plus usage
• Insurances - $2,250
• Essential Safety Measures - $250
• 2009 Land Tax - $1,525 (Not recoverable from the Lessee)
Business 2 Zone
Securely leased to the popular Italian restaurant, Cucina Vostra, the Lessee has signed a four (4) year lease from 29th November, 2009 with an agreed commencing rental of $39,600 per annum net. The lease provides for annual CPI (All Groups Melbourne) rent reviews with a market review at the commencement of the two (2) further terms of four (4) years.
The building area is 136 sq m approx with a land area of 206 sq m approx. Excellent rear access for deliveries is available from a laneway ROW. Outgoings - FY 2010:
• City of Stonington - $1,128.44
• South East Water - $450 plus usage
• Insurances - $2,250
• Essential Safety Measures - $250
• 2009 Land Tax - $1,525 (Not recoverable from the Lessee)
Business 2 Zone
Property ID: 5586560Last Updated: 7 Jul 2014
03 9817 11...
717 High Street
Armadale, VIC 3143
Kevin Sheehan Property - KewGround Floor, 5 Wellington Street
KEW, VIC 3101
KEW, VIC 3101
Contact Agency
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
8 Llaneast Street,Armadale, VIC 3143 1475 m²Offices • Shops & Retail • Development Sites & Land
