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Ground Floor, 447 Bay Street, Brighton, VIC, 3186

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Ground Floor, 447 Bay Street, Brighton, VIC, 3186

Brighton

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Ground Floor, 447 Bay Street, Brighton, VIC, 3186

Brighton

SOLD
Ground Floor, 447 Bay Street, Brighton, VIC, 3186

Ground Floor, 447 Bay Street, Brighton, VIC, 3186

Properties / Sold / Victoria / Brighton
Tenanted Investment
Selling Method
Expression of Interest
Selling Details
Closing on Wednesday 28th February at 2pm
Floor Area
218 m² (*approx)
Property Type
Retail, Other
Terms
New secure 7 + 7 year lease
Est. Income
$100,000 p/a
Fully Leased
Endota Spa
Zone
Commercial 1
Car Spaces
5
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Immaculate Investment with New 7 year Lease to National Operator
  • New 7 + 7 Year Lease
  • Brand New Modern Fit Out
  • Extensive Corner Frontage of 31 metres*

Fitzroys is delighted to offer for sale this sensational high yielding investment opportunity located in the renowned Bayside shopping strip of Bay Street.

This highly exposed corner opportunity provides investors with the ultimate chance to acquire a sought after investment with the benefit of a long-term lease to recognised national spa/wellness operator.

The key attributes of this opportunity include:

- High profile ground floor retail premises of 218sqm* including corner frontage of over 31 metres*

- New secure 7 + 7 year lease to national tenant ‘Endota Spa’- over 100 locations across Australia

- Rent: $100,000* per annum plus GST and outgoings (November 2024)

- Brand new modern fit out incorporating retail area and multiple treatment rooms

- Off street parking for 5 cars

- Low land tax exposure and excellent potential tax depreciation benefits

- Proven position only metres from Coles Supermarket and a host of recognised operators including Aus Post, Chemist Warehouse, Coreplus, Dominos, Hotel Brighton, Rock Salt and more

- Abundance of public car parking available and ease of access to major arterials in Nepean Highway and Beach Road

Ground Floor, 447 Bay Street, Brighton presents an outstanding opportunity to acquire a brand new retail investment in a popular retail/lifestyle precinct.

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

447 Bay Street Investment Summary

Property Type
Retail, Other
Est. Income
$100,000 p/a
Tenant
Endota Spa
Terms
New secure 7 + 7 year lease
Floor Area
218 m² (*approx)
Zone
Commercial 1
Car Spaces
5
Selling Method
Expression of Interest
Selling Details
Closing on Wednesday 28th February at 2pm

Investment Highlights

Immaculate Investment with New 7 year Lease to National Operator
  • New 7 + 7 Year Lease
  • Brand New Modern Fit Out
  • Extensive Corner Frontage of 31 metres*

Fitzroys is delighted to offer for sale this sensational high yielding investment opportunity located in the renowned Bayside shopping strip of Bay Street.

This highly exposed corner opportunity provides investors with the ultimate chance to acquire a sought after investment with the benefit of a long-term lease to recognised national spa/wellness operator.

The key attributes of this opportunity include:

- High profile ground floor retail premises of 218sqm* including corner frontage of over 31 metres*

- New secure 7 + 7 year lease to national tenant ‘Endota Spa’- over 100 locations across Australia

- Rent: $100,000* per annum plus GST and outgoings (November 2024)

- Brand new modern fit out incorporating retail area and multiple treatment rooms

- Off street parking for 5 cars

- Low land tax exposure and excellent potential tax depreciation benefits

- Proven position only metres from Coles Supermarket and a host of recognised operators including Aus Post, Chemist Warehouse, Coreplus, Dominos, Hotel Brighton, Rock Salt and more

- Abundance of public car parking available and ease of access to major arterials in Nepean Highway and Beach Road

Ground Floor, 447 Bay Street, Brighton presents an outstanding opportunity to acquire a brand new retail investment in a popular retail/lifestyle precinct.

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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Ground Floor, 447 Bay Street, Brighton, VIC, 3186

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Property Location of Ground Floor, 447 Bay Street, Brighton, VIC, 3186

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Ground Floor, 447 Bay Street, Brighton, VIC, 3186 Brighton
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