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Retail

75 Main Road Lower Plenty, VIC 3093

Sold for $702,500 on 29 Apr 2021Floorplan
  • Building: 100m²
  • Land: 190m²
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Retail in Lower Plenty

SOLD $702,500 BY STEELE CRAWFORD

  • Building: 100m²
  • Land: 190m²

Rare Lower Plenty Commercial Opportunity
This rare Lower Plenty commercial property offers the astute investor/business owner a fantastic opportunity in the heart of this tightly held shopping precinct and is on approx 190sqm of land.

The shopfront has phenomenal exposure on an arterial road which links Eltham to Rosanna which thousands of cars travel each day, along with off street parking at the rear on the title.

Representing an opportunity for an investor to start or add to their existing portfolio, who may even look at adding a second level (STCA). This property is leased on a 3 + 3 year lease at $36,000pa approx.

Features:

  • Land area 190sqm approx
  • Coolroom included in sale
  • Return is $36,000pa (inc GST)
  • Car parking on title at rear
  • Established neighbourhood shopping centre
  • Anchored by Supermarkets such as Aldi and IGA, Australia Post, Chemist Warehouse, Newsagency, Subway, Domino's and many more

Price Guide: $650,000 - $700,000

Building:

100m²

Land:

190m² / 0.04 acres

75 Main Road, Lower Plenty, VIC 3093