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2. Property Highlights

Fully Leased to Long-standing TAB In Occupation 20+ Years
  • High profile Kew Corner Location
  • Fully leased, future to occupy/develop
  • TAB pay all usual outgoings

Gray Johnson and Burgess Rawson are pleased to offer to the market TAB at Kew VIC for sale via Expressions of Interest campaign .

The property has the following investment highlights:

+Prominent Kew corner with long-standing TAB in occupation for 20+ years

+Tabcorp (ASX: TAH): Australia’s largest betting & entertainment company, market cap of $2.1billion

+100% Fully leased investment with medium term potential to occupy or develop (STCA)

+Tabcorp pay all usual outgoings

+Versatile 129sqm ground floor retail with favourable Commercial 1 Zoning

+Two well-presented & refurbished one-bedroom apartments with 5 car parks

+Three titles in one line offers opportunities to sell individually in the future

+Strategically located on High Street, 650m* from Kew Junction and situated between Dan Murphy’s and Coles

+Kew Junction: a vibrant inner East commercial hub supporting 600+ businesses

+Kew: affluent inner-city suburb with median house price up 27% in past 2 years to $2.8 million^

+Rental Income: $96,917 pa + GST

To be sold via Expressions of Interest

Closing 4pm AEDT

Wednesday 14 December 2022

*Approx.

^realestate.com.au

Remember to mention you found this property on CommercialReady

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3. Property Location

331-333 High Street, Kew, VIC, 3101

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4. Due Diligence

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