. Cnr Plenty Road & McDonalds Road,
South Morang, VIC 3752
Shops & Retail • Showrooms & Large Format Retail • Offices
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THE PERFECT COUNTER CYCLICAL INVESTMENT - AXIS RETAIL CENTRE
FOR SALE
* Modern Melbourne Metropolitan retail & commercial centre with a total GLA of 16,760sqm.
* Fully Leased Net Income of $3,253,000pa*, with a history of strong tenant retention and demand.
* Leases are structured predominately on a net bases with fixed annual increases.
* Contained within a 3.183ha* corner site (B2Z), highly exposed from the Plenty Road (265 metres*) and McDonalds Road (229 metres*) frontages.
* Strategically located to benefit from the significant population growth within the booming northern growth corridor of Melbourne.
* Longevity of the retail location is secure with Bunnings, Woolworths and Westfield Plenty Valley within 800 metres of the Centre along with a future Masters Hardware being constructed directly opposite.
* Significant depreciation benifits available, along with minimal capital expenditure requirements in the short-medium term
FOR SALE
For further information, please contact:
Mark Wizel
0411 694 756
mark.wizel@cbre.com.au
Chris Parry
0420 304 185
chris.parry@cbre.com.au
Justin Dowers
0438 098 805
justin.dowers@cbre.com.au
* Modern Melbourne Metropolitan retail & commercial centre with a total GLA of 16,760sqm.
* Fully Leased Net Income of $3,253,000pa*, with a history of strong tenant retention and demand.
* Leases are structured predominately on a net bases with fixed annual increases.
* Contained within a 3.183ha* corner site (B2Z), highly exposed from the Plenty Road (265 metres*) and McDonalds Road (229 metres*) frontages.
* Strategically located to benefit from the significant population growth within the booming northern growth corridor of Melbourne.
* Longevity of the retail location is secure with Bunnings, Woolworths and Westfield Plenty Valley within 800 metres of the Centre along with a future Masters Hardware being constructed directly opposite.
* Significant depreciation benifits available, along with minimal capital expenditure requirements in the short-medium term
FOR SALE
For further information, please contact:
Mark Wizel
0411 694 756
mark.wizel@cbre.com.au
Chris Parry
0420 304 185
chris.parry@cbre.com.au
Justin Dowers
0438 098 805
justin.dowers@cbre.com.au
Property ID: 500122566Last Updated: 3 Oct 2023
03 8621 33...
. Cnr Plenty Road & McDonalds Road
South Morang, VIC 3752
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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