Coles Kilsyth, 18/518 Mt Dandenong Road,
Kilsyth, VIC 3137
Shops & Retail
Key property information
Floor area
Car spaces
Property extent
Zoning
Tenure type
Sold on
Savills - Sydney CBD
Level 25, 1 Farrer PlaceSYDNEY, NSW 2000
Coles Kilsyth, 18/518 Mt Dandenong Road
Kilsyth, VIC 3137
Map of Coles Kilsyth, 18/518 Mt Dandenong Road
Coles Kilsyth – Holding Income with Significant Value-Add Potential
- Tenant: ASX-listed Coles & Liquorland
- Reposition, re-develop or add value
- Flexible Commercial 1 Zoning (C1Z)
- Substantial retail building area of 2,183sq m*
- Important Commercial 1 Zoning (C1Z) allowing for retail, commercial and/or residential (STCA)
- Outstanding opportunity to reposition, re-develop or add value
- Coles & Liquorland trading at low occupancy cost
- Coles pays all usual outgoings including Land Tax
- Significant rental upside potential with current tenant paying $160* per square metre
- 215* on-grade car spaces
- Expansive retail frontage of 40 metres*
- Net income: $350,000* per annum
*Approx.
For sale via Expressions of Interest closing 4pm (AEST) Wednesday 19 August 2020.
- Important Commercial 1 Zoning (C1Z) allowing for retail, commercial and/or residential (STCA)
- Outstanding opportunity to reposition, re-develop or add value
- Coles & Liquorland trading at low occupancy cost
- Coles pays all usual outgoings including Land Tax
- Significant rental upside potential with current tenant paying $160* per square metre
- 215* on-grade car spaces
- Expansive retail frontage of 40 metres*
- Net income: $350,000* per annum
*Approx.
For sale via Expressions of Interest closing 4pm (AEST) Wednesday 19 August 2020.
Kilsyth, 3137 demographic data
The median household income for Kilsyth is $1,649, 13% lower than Greater Melbourne's household income of $1,901. Kilsyth has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 55% of property owners in Kilsyth have a mortgage.
11,699
Population
$1,649 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
Savills - Sydney CBDLevel 25, 1 Farrer Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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