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77 Stud Road, Bayswater, VIC, 3153
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77 Stud Road, Bayswater, VIC, 3153

2. Property Highlights

QUALITY RETAIL INVESTMENT

Appleby Commercial is pleased to present to the market this exciting investment opportunity for sale. Located on Stud Road, the property is a 2-level brick constructed commercial building which is securely leased on both levels. The site also offers future development potential STCA. With a high profile location on Stud Road within a fully occupied local shopping strip, Appleby Commercial recommends all investors seriously consider the opportunity this property has to offer.

PROPERTY ATTRIBUTES

- Land area 190m2

- Lot 1 ground floor building area 115m2

- Lot 2 first floor building area 115m2

- Rear parking

- Located in a strip group of shops with easy Eastlink access

- Two quality long standing tenants (15 years ground floor and 4 years first floor)

- Total annual rental of $46,400

LEASE DETAILS

- Ground Floor - Hairdresser 

- Rental: $23,400 & outgoings per annum

- Term: 3 years commencing 8th July 2022

- Further Terms: 3 years 

- Annual Increases: CPI & market at lease renewal

- First floor - Draftsman

- Rental: $23,000 & outgoings per annum

- Term: 3 years commencing 1st July 2022

- Further Terms: 3 years 

- Annual Increases: CPI & market at lease renewal

For further information or to arrange an inspection contact Appleby Commercial.

Remember to mention you found this property on CommercialReady

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Nick Draffin
Nick Draffin
+61 *** *** *** show +61 407 058 223
Andrew Hill
Andrew Hill
+61 *** *** *** show +61 421 904 271

3. Property Location

77 Stud Road, Bayswater, VIC, 3153

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4. Due Diligence

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77 Stud Road, Bayswater, VIC, 3153 Bayswater
Appleby - Bayswater
Appleby - Bayswater
20 Station St, Bayswater, Vic 315
Nick Draffin
Nick Draffin
+61 *** *** *** show +61 407 058 223
Andrew Hill
Andrew Hill
+61 *** *** *** show +61 421 904 271
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