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SOLD

63 Koornang Road, Carnegie, VIC, 3163

Properties / Sold / Victoria / Carnegie

Tenanted Investment

1. Property Summary

Selling Method

Auction

Land Area

186 m² (*approx)

Floor Area

230 m² (*approx)

Property Type

Retail

Sub-type

Cafe/Restaurant

Terms

5 + 5 + 5 year lease

Est. Income

$78,450 p/a

Fully Leased

Bangkok Laboratory (BKK Lab)

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2. Property Highlights

Delighful Carnegie Shop & Dwelling

5 + 5 + 5 Year Lease
Located Near Busy Pedestrian Crossing
Freehold Shop & Dwelling

Fitzroys is delighted to offer 63 Koornang Road, Carnegie for sale via Public Auction on Thursday 12th October at 11:30am onsite.

The key features of this opportunity include:

- Well exposed position, located near the busy pedestrian crossing on Koornang Road

- Situated amongst strong local trading businesses including Paradai Thai, The Bank Carnegie, Shyun Ramen Bar, Coco's Patisserie plus national retailers Chemist Warehouse, Domino’s, Grill'd and more!

- Generous site area of 186sqm* with rear access via ROW

- Ground floor shop and 2 bedroom first floor residence

- 5 + 5 + 5 year lease to local favourite – Bangkok Laboratory (BKK Lab)

- Returning $78,450 per annum plus GST and outgoings (approx.)

- Favourable Commercial 1 Zoning (C1Z) within a 4-level height precinct providing future development upside (STCA)

- Excellent public transport amenity nearby with the recent Carnegie Station Railway upgrade and bus services operating along Koornang Road and Dandenong Road

- Rare opportunity to invest in a prime Melbourne retail strip featuring ultra-low vacancy.

63 KOORNANG ROAD, CARNEGIE - FOR SALE BY PUBLIC AUCTION ON THURSDAY 12TH OCTOBER AT 11.30AM ONSITE

* approx.

Remember to mention you found this property on CommercialReady

Property Type

Retail

Sub-type

Cafe/Restaurant

Est. Income

$78,450 p/a

Tenant

Bangkok Laboratory (BKK Lab)

Terms

5 + 5 + 5 year lease

Land Area

186 m² (*approx)

Floor Area

230 m² (*approx)

Selling Method

Auction

Auction Date

12 Oct 2023 11:30AM

Add to calendar

2. Property Highlights

Delighful Carnegie Shop & Dwelling

5 + 5 + 5 Year Lease
Located Near Busy Pedestrian Crossing
Freehold Shop & Dwelling

Fitzroys is delighted to offer 63 Koornang Road, Carnegie for sale via Public Auction on Thursday 12th October at 11:30am onsite.

The key features of this opportunity include:

- Well exposed position, located near the busy pedestrian crossing on Koornang Road

- Generous site area of 186sqm* with rear access via ROW

- Ground floor shop and 2 bedroom first floor residence

- 5 + 5 + 5 year lease to local favourite – Bangkok Laboratory (BKK Lab)

- Returning $78,450 per annum plus GST and outgoings (approx.)

- Favourable Commercial 1 Zoning (C1Z) within a 4-level height precinct providing future development upside (STCA)

- Excellent public transport amenity nearby with the recent Carnegie Station Railway upgrade and bus services operating along Koornang Road and Dandenong Road

- Rare opportunity to invest in a prime Melbourne retail strip featuring ultra-low vacancy.

63 KOORNANG ROAD, CARNEGIE - FOR SALE BY PUBLIC AUCTION ON THURSDAY 12TH OCTOBER AT 11.30AM ONSITE

* approx.

Remember to mention you found this property on CommercialReady

63 Koornang Road, Carnegie, VIC, 3163 Carnegie

Fitzroys

Level 27, 360 Collins Street, Melbourne VIC 3000

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Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

63 Koornang Road, Carnegie, VIC, 3163