Shop 2, 111B Elation Blvd,
Doreen, VIC 3754

Shops & Retail

Key property information

Floor area

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Map of Shop 2, 111B Elation Blvd

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Last Remaining Investment In Surging Whittlesea Growth Corridor

Suits Circa 6% Buyers
12 Locations Across Melbourne
Surrounded By Quality Operators

Fitzroys is delighted to offer this attractive investment with a long-term lease located within one of Melbourne’s fastest growing population corridors.

Property features include:

- Immaculately presented commercial development
- Positioned within tightly held and established Riverstone commercial precinct- currently zero vacancies in the centre
- Situated opposite Ashley Park Primary School, Orchard Road YMCA Community & Early Learning Centre
- Rapidly expanding catchment area surrounded by residential housing
- Attractive investment opportunity in one of Victoria’s fastest growing regions providing strong prospects for future capital appreciation
- strong lease profile: 7 + 5 + 5 year lease to Quick Fit Health Club
- Returning $67,980 pa plus GST increasing to $70,019.40 plus GST (as at September 2021)
- Impressive open plan and fully self contained area of 200sqm*
- Ample on site car park for approximately 67* spaces
- Excellent tax depreciation benefits

*approx

Doreen, 3754 demographic data

The median household income for Doreen is $2,151, 13% higher than Greater Melbourne's household income of $1,901. Doreen has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 75% of property owners in Doreen have a mortgage.

27,122

Population

$2,151 per week

Median household income

33 years

Median age

Owners

Most residents

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Most households

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