Cremorne's most visible corner, earning $1.15 million+ a year from day one.
Aston are pleased to present 1-3 Harcourt Parade, Cremorne by Expressions of Interest closing Thursday 17 September at 3pm.
1-3 Harcourt Parade sits where Punt Road meets the Monash Freeway, in front of up to 470,000 vehicles a day. Two digital billboards and a car park deliver three contracted income streams with fixed annual growth, funded and maintained by national operators at no cost to the owner.
There's also a Development Approved hotel permit held in reserve behind the income, for a buyer who wants to look further.
The features :
• 776m²* corner site, zoned Commercial 2 (C2Z)
• Dual frontage to Punt Road and the Monash Freeway (M1)
• Three contracted income streams, $1.15 million+ p.a. *
• Fixed annual rent reviews across all leases
• Development Approved permit for a 96 room hotel held in reserve
Contact the exclusive agents for the information memorandum.
Jeremy Gruzewski 0422 211 021
Fred Nucara 0418 567 560
Remember to mention you found this property on CommercialReady
Cremorne's most visible corner, earning $1.15 million+ a year from day one.
Aston are pleased to present 1-3 Harcourt Parade, Cremorne by Expressions of Interest closing Thursday 17 September at 3pm.
1-3 Harcourt Parade sits where Punt Road meets the Monash Freeway, in front of up to 470,000 vehicles a day. Two digital billboards and a car park deliver three contracted income streams with fixed annual growth, funded and maintained by national operators at no cost to the owner.
There's also a Development Approved hotel permit held in reserve behind the income, for a buyer who wants to look further.
The features :
• 776m²* corner site, zoned Commercial 2 (C2Z)
• Dual frontage to Punt Road and the Monash Freeway (M1)
• Three contracted income streams, $1.15 million+ p.a. *
• Fixed annual rent reviews across all leases
• Development Approved permit for a 96 room hotel held in reserve
Contact the exclusive agents for the information memorandum.
Jeremy Gruzewski 0422 211 021
Fred Nucara 0418 567 560
Remember to mention you found this property on CommercialReady
1-3 Harcourt Parade, Cremorne, VIC, 3121
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