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143-145 Koornang Road and 288 Neerim Road, CARNEGIE, VIC, 3163

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SOLD

143-145 Koornang Road and 288 Neerim Road, CARNEGIE, VIC, 3163

Properties / Sold / Victoria / Carnegie

Tenanted Investment

1. Property Summary

Selling Method

Auction

Land Area

254 m² (*approx)

Floor Area

240 m² (*approx)

Property Type

Retail

Est. Income

$83,043 p/a

Show All

2. Property Highlights

Commanding Carnegie Corner Freehold

3 Shops On 1 Title
100% Fully Leased
Bustling Retail Precinct

Fitzroys is delighted to offer 143-145 Koornang Road & 288 Neerim Road, Carnegie for sale as part of its “Melbourne Retail Portfolio Auction” on Thursday 23rd June at Leonda By The Yarra, Hawthorn at 11am.

Key attributes:

- Outstanding opportunity to secure a prime corner freehold positioned within one of Melbourne’s best performing retail precincts

- 100% leased to 3 quality tenants

- Combined return of $83,043* per annum plus GST

- Land Area: 254sqm*

- Building Area: 240sqm*

- Includes rear access to onsite car park from Neerim Road

- Within surging activity centre underpinned by various new high rise residential towers nearby

- Excellent future value add potential (stca)

- Close to Woolworths Supermarket and a host of well-regarded eateries

- Gateway location to Koornang Road’s highly acclaimed lifestyle precinct

- Excellent future value add potential (stca)

Tenancy Details:

143 KOORNANG ROAD

- 5 + 5 year lease

- Returning $23,574 per annum

145 KOORNANG ROAD

- 5 + 5 year lease

- Returning $42,954 per annum

288 NEERIM ROAD

- 5 + 5 year lease

- Returning $16,515 per annum

FOR SALE BY PUBLIC AUCTION AT LEONDA BY THE YARRA, HAWTHORN, THURSDAY 23RD JUNE COMMENCING 11.00AM

*Approx.

Remember to mention you found this property on CommercialReady

Property Type

Retail

Est. Income

$83,043 p/a

Number Of Tenants

Land Area

254 m² (*approx)

Floor Area

240 m² (*approx)

Selling Method

Auction

2. Property Highlights

Commanding Carnegie Corner Freehold

3 Shops On 1 Title
100% Fully Leased
Bustling Retail Precinct

Key attributes:

- Outstanding opportunity to secure a prime corner freehold positioned within one of Melbourne’s best performing retail precincts

- 100% leased to 3 quality tenants

- Combined return of $83,043* per annum plus GST

- Land Area: 254sqm*

- Building Area: 240sqm*

- Includes rear access to onsite car park from Neerim Road

- Within surging activity centre underpinned by various new high rise residential towers nearby

- Excellent future value add potential (stca)

- Close to Woolworths Supermarket and a host of well-regarded eateries

- Gateway location to Koornang Road’s highly acclaimed lifestyle precinct

- Excellent future value add potential (stca)

Tenancy Details:

143 KOORNANG ROAD

- 5 + 5 year lease

- Returning $23,574 per annum

145 KOORNANG ROAD

- 5 + 5 year lease

- Returning $42,954 per annum

288 NEERIM ROAD

- 5 + 5 year lease

- Returning $16,515 per annum

FOR SALE BY PUBLIC AUCTION AT LEONDA BY THE YARRA, HAWTHORN, THURSDAY 23RD JUNE COMMENCING 11.00AM

*Approx.

Remember to mention you found this property on CommercialReady

Tenanted Investment

Download Development Site Report

3. Property Location

143-145 Koornang Road and 288 Neerim Road, CARNEGIE, VIC, 3163

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

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143-145 Koornang Road and 288 Neerim Road, CARNEGIE, VIC, 3163 Carnegie

Fitzroys

Level 27, 360 Collins Street, Melbourne VIC 3000

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