Watch Watch
Back
×
+11 Photos
116 Maribyrnong Road, Moonee Ponds, VIC, 3039

2. Property Highlights

TWO STOREY INVESTMENT WITH DEVELOPMENT UPSIDE^

Gross Waddell ICR is pleased to offer 116 Maribyrnong Road, Moonee Ponds is situated in a vibrant suburban neighbourhood of Melbourne. This prime location offers convenient access to various amenities, including shopping centres, cafes, and parks, all within walking distance. The area is well-connected by public transport, with bus stops and a nearby train station, making it easy to explore both the local area & the wider city. Its strategic position within Moonee Ponds makes it an attractive destination for residents and visitors alike.

The perfect tenanted investment with future development upside (STCA) surrounded by four and five storey mixed use developments, thriving local businesses, which ample public transport which provides access to surrounding suburbs and Melbourne's CBD.

Key Property Highlights:

- Gross building area: 229 sqm* over two levels

- Land area: 233 sqm*

- Rear access via R.O.W

- Kitchen and bathroom amenities

- Short walk to Union Road

- Rent: $34,650 p.a. Net + Outgoings + GST (As at 1st September 2023)

- Term: Three (3) years

- Commencement date: 1st September 2022

- Review: Fixed 5% annual rent increase

- Option: Three (3) years

- Flexible Commercial 1 Zone (C1Z)

*approx.

^stca

Please contact the exclusive sales agents to book a private inspection.

Remember to mention you found this property on CommercialReady

Read More

3. Property Location

116 Maribyrnong Road, Moonee Ponds, VIC, 3039

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Enquire
calculator-icon Yield Calculator
calcultor-icon Yield Calculator