For Sale

Ground Whole Unit, 25 Barraclough Crescent MONASH

  • Area669 m²
  • Sale Price $2,000,000

For Sale - Monash Shops - Zoned for Childcare, Medical, Religious, Retail and Personal Services.

Description



Located on Monash's main thoroughfare, this recently vacated building is perfectly placed for an owner occupier in the childcare, medical, religious or retail industries

Monash's dense residential population makes for an unbeatable environment for Retail, Medical, Gym/fitness, Child care, Educational establishment, place of worship and community theater.

Lease Features Include:
* 533m2 of vacant space available to be occupied. Full net lettable area is 669m2, with 145m2 currently leased.
* The current tenants pay approximately $77k per annum, with a fully leased rent of approximately $275,000 per annum plus GST.
* Direct access to large customer car park, with 23 allocated bays on site and an additional 10 public bays.
* Central location in Monash
* Rear loading yard with roller door access

The site has just had a Crown Lease variation process completed on it, allowing for the additional uses listed above.

The building is for sale for $2m. The building outgoings are:
* Rates - $25,047
* Water - $2,500 (estimate)
* Insurance - $5,000 (estimate)
* Management - $5,500

For more information, or to arrange an inspection contact Andrew Smith on 0409 600 471 or David Grimmond on 0406 376 697.

Tenure type

Vacant

Agents

Andrew Smith
  • T 02 6162 0681
  • M 0409 600 471
  • @ Email me
David Grimmond
  • T 02 6162 0681
  • M 0406 376 697
  • @ Email me
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