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27 Portman Street, Oakleigh, VIC, 3166

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27 Portman Street, Oakleigh, VIC, 3166

Oakleigh

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Sold Check
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27 Portman Street, Oakleigh, VIC, 3166

Oakleigh

SOLD
27 Portman Street, Oakleigh, VIC, 3166

27 Portman Street, Oakleigh, VIC, 3166

Properties / Sold / Victoria / Oakleigh
Tenanted Investment
Selling Method
Expression of Interest
Selling Details
CONTACT AGENT
Land Area
94 m² (*approx)
Floor Area
170 m² (*approx)
Property Type
Retail, Offices
Terms
Six (6) year lease from 1st March 2021 with one (1) further term of six (6) years
Est. Income
$89,932 p/a
Fully Leased
Nikos Quality Cakes Pty Ltd
Show All
TROPHY INVESTMENT!
  • LONG LEASE TO ICONIC TENANT
  • OUTSTANDING CORNER POSITION
  • ANNUAL CPI INCREASES

Crabtrees Real Estate are excited to offer 27 Portman Street, Oakleigh for Sale via Expressions of Interest closing Wednesday 28th February at 3pm.

This trophy investment is securely leased to iconic tenant Nikos Quality Cakes Pty Ltd on one of Oakleigh's best corners. The property comprises a highly exposed corner two (2) level retail/office building.

TENANCY DETAILS:

+ Leased to iconic tenant Nikos Quality Cakes Pty Ltd

+ Returning $93,362.40 per annum plus GST & Outgoings as of 1st March 2024

+ Six (6) year lease from 1st March 2021 with one (1) further term of six (6) years

+ Annual CPI increases

KEY FEATURES:

+ Total building area: 170 sqm

+ Rendered, full glass & aluminium façade

+ Polished concrete floor

+ High quality internal fit out

+ Outstanding exposure being on the corner of Eaton Mall & Portman Street

+ Rare opportunity for investors to secure a landmark retail investment with one of Melbourne's most recognisable addresses

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

27 Portman Street Investment Summary

Property Type
Retail, Offices
Est. Income
$89,932 p/a
Tenant
Nikos Quality Cakes Pty Ltd
Terms
Six (6) year lease from 1st March 2021 with one (1) further term of six (6) years
Land Area
94 m² (*approx)
Floor Area
170 m² (*approx)
Selling Method
Expression of Interest
Selling Details
CONTACT AGENT

Investment Highlights

TROPHY INVESTMENT!
  • LONG LEASE TO ICONIC TENANT
  • OUTSTANDING CORNER POSITION
  • ANNUAL CPI INCREASES

Crabtrees Real Estate are excited to offer 27 Portman Street, Oakleigh for Sale via Expressions of Interest closing Wednesday 28th February at 3pm.

This trophy investment is securely leased to iconic tenant Nikos Quality Cakes Pty Ltd on one of Oakleigh's best corners. The property comprises a highly exposed corner two (2) level retail/office building.

TENANCY DETAILS:

+ Leased to iconic tenant Nikos Quality Cakes Pty Ltd

+ Returning $93,362.40 per annum plus GST & Outgoings as of 1st March 2024

+ Six (6) year lease from 1st March 2021 with one (1) further term of six (6) years

+ Annual CPI increases

KEY FEATURES:

+ Total building area: 170 sqm

+ Rendered, full glass & aluminium façade

+ Polished concrete floor

+ High quality internal fit out

+ Outstanding exposure being on the corner of Eaton Mall & Portman Street

+ Rare opportunity for investors to secure a landmark retail investment with one of Melbourne's most recognisable addresses

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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27 Portman Street, Oakleigh, VIC, 3166

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Property Location of 27 Portman Street, Oakleigh, VIC, 3166

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