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Nelson Alexander Commercial - FITZROY

76 Cumberland Road Pascoe Vale, VIC 3044

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76 Cumberland Road,
Pascoe Vale, VIC 3044

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Nelson Alexander Commercial - FITZROY
Kristian Lunardi

Nelson Alexander Commercial - FITZROY

187 Gertrude St
FITZROY, VIC 3065
04018105...
Nelson Alexander Commercial - FITZROY
76 Cumberland Road
Pascoe Vale, VIC 3044

Detailed listing

Map of 76 Cumberland Road

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A LUCKY INVESTMENT OPPORTUNITY

  • Rental income $41,643.60 pa*
  • Fixed 3% rental increases
  • Leased to Central News & Lotto
This securely leased investment opportunity is perfectly positioned in a thriving suburban shopping strip and securely leased to Pascoe Vale Central News & Lotto.

Key property attributes:

> Excellent exposure to Cumberland Road with side wall exposed to carpark
> Generous land size of 193sqm* with rear access and space for two cars
> Favourable Commercial 1 zoning with future redevelopment potential (STCA)
> 5-year lease commencing December 2020
> Current rental $41,643.60 pa plus GST plus outgoings with fixed 3% rental increases
> Building area 122sqm* and corner-like exposure to the neighbouring carpark
> Surrounded by nearby amenity including, Pascoe Vale Station, easy access to Citylink and numerous parks and schools

* approx.

For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.

Property ID: 504076711Last Updated: 20 Dec 2023

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