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4/20 Aberdeen Road, MACLEOD, VIC, 3085

2. Property Highlights

Long Term Tenant of more than 20 years - Tightly Held Macleod Retail Strip

Being the first time to the market in more than 20 years this is a chance to acquire a high performing commercial first floor office investment offering both a strong return and future capital growth.

The tenant being a finance company has been in occupation for more than 20 years.

Given that the North East Link is now well under construction at a cost of approximately $16 billion, Macleod and surrounds are sure to see significant growth in the area.

Underpinned by both an exceptional location being directly opposite the Macleod train station and with a well-structured lease, the premises enjoys a superb exposure and forms part of a tightly held retail strip amidst a wide range of thriving businesses.

The asset makes use of a commercial 1 zoning, ample street car parking availability and positions itself within one of Melbourne's fastest growing corridors, making this a rare commercial opportunity in a highly sought after location.

Property features include:-

• Building area 110sqm*

• Rent $30,000 per annum + GST + outgoings

• Lease 5 + 3 + 3 years

• 5 year lease commenced 01/06/2021

• CPI increases

• 3 car parking spaces

• Monitored security system

• Professional office fit out

For further information please contact Paul Waterhouse

*Approximately

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

4/20 Aberdeen Road, MACLEOD, VIC, 3085

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4. Due Diligence

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4/20 Aberdeen Road, MACLEOD, VIC, 3085 Macleod
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