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Sold Property

Sold - 209 Stud Road, Wantirna VIC 3152

Best Strip Shop in the area

Offices, Retail, Medical

PROPERTY DESCRIPTION

Where everyone wants to be... Studfield Shops.
Surrounded by a large variety of businesses, this property offers opportunity to an investor. Currently leased to "The Pizza Factory" till January 2023 and has 2 further terms of 5 years each.
Current nett rental is $56,280.00 pa plus GST and outgoings (excluding land tax)
The property is approx 75 sqm with a total land area of approx. 187 sqm which offers rear off street parking, storage and toilet.
Studfield Shops is a tightly held area with very few vacancies. Surrounding businesses include IGA, Newsagent, Florist, Butcher, Cellarbrations Liquor, Pharmacy, variety of food stores and plenty more.
Potential for further development down the track (STCA).

SALE DETAILS
Date: 08-03-2022 Price: $1,200,000
Building Area: 75m² Rate: $16,000 per m²
Land Area: 187m² Rate: $6,417 per m²
AGENT DETAILS
  • Michelle Lanigan

    P: (03) 9761 0777
    M: 0417 361 161