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433-435 Keilor Road, NIDDRIE, VIC, 3042

+9 Photos

+11 Photos

SOLD

433-435 Keilor Road, NIDDRIE, VIC, 3042

Properties / Sold / Victoria / Niddrie

Tenanted Investment

1. Property Summary

Selling Method

Auction

Land Area

418 m² (*approx)

Floor Area

430 m² (*approx)

Property Type

Retail

Sub-type

Strip Retail

Est. Income

$165,154 p/a

Fully Leased

CBA

Show All

2. Property Highlights

TAKE IT TO THE BANK

Aston Commercial are pleased to offer 433-435 Keilor Road, Niddrie for sale by Public Auction on Thursday 16th December 2021 at 12pm on-site.

This two level freehold building of 430sqm* has been occupied by the Commonwealth Bank for several decades, prominently located on Keilor Road in the heart of this thriving retail strip. The property is securely leased to CBA who have recently exercised a new lease term and have one further option.

Property Highlights:

• Building Area: 430 sqm*

• Land Area: 418 sqm*

• Rent: $165,154 pa + GST

• Leased to longstanding tenant CBA

• On-site parking via R.O.W

• Substantial rear council car park

• Flexible Commercial 1 Zoning

This site also presents enormous development upside for a mixed use development (STPA) in the future with nearby precedent already set.

Positioned on the busy southern side of the retail strip this property also abuts a major public carpark adding convenience for any future tenant or operator.

Aston Commercial highly recommend this generational asset for your serious consideration.

*approx.

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

Property Type

Retail

Sub-type

Strip Retail

Est. Income

$165,154 p/a

Number Of Tenants

Tenant

CBA

Land Area

418 m² (*approx)

Floor Area

430 m² (*approx)

Selling Method

Auction

2. Property Highlights

TAKE IT TO THE BANK

Aston Commercial are pleased to offer 433-435 Keilor Road, Niddrie for sale by Public Auction on Thursday 16th December 2021 at 12pm on-site.

Property Highlights:

• Building Area: 430 sqm*

• Land Area: 418 sqm*

• Rent: $165,154 pa + GST

• Leased to longstanding tenant CBA

• On-site parking via R.O.W

• Substantial rear council car park

• Flexible Commercial 1 Zoning

This site also presents enormous development upside for a mixed use development (STPA) in the future with nearby precedent already set.

Positioned on the busy southern side of the retail strip this property also abuts a major public carpark adding convenience for any future tenant or operator.

Aston Commercial highly recommend this generational asset for your serious consideration.

*approx.

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