Find an agent or office

View all offices

Request an appraisal

Shop 2/5 Balcombe Road
Mentone

Sold

Price  
$875,000

Page URL:
http://www.hockingstuart.com.au/commercial/shop-25-balcombe-road-mentone-vic-3194/

Rolling in Dough!

Secure Bayside Investment 10yrs + 5yrs + 5 yrs

New retail premises securely leased to a quality & long established multi chain pizza/pasta operator.
New lease: 10yrs + 5 yrs + 5 yrs (commenced Nov 2016)
– Rent $42,500 pa + GST + outgoings
– Reviews: 3% pa (to market at year 1 of each option term)
– Personal guarantees
– Building Area: 116sqm* together with one onsite carspace & storage cage on title

Unsurpassed exposure from busy intersection of Nepean Hwy and Warrigal Rd.
Situated in this prestigious “Archer” by Pace Development Group, and designed by Jackson Clements
Burrows.
Excellent investment for the passive investor & superfund purchase.
*approx

For further details contact:
George Georgiou 0419 480 003
Kenny Oliver 0409 144 188

Loan repayments calculator

Property Price

$875,000

Monthly
Payment

Sold

hockingstuart Commercial

187 Moray Street, South Melbourne
Tel 03 9690 6000 Fax 03 9690 4399
commercial@hockingstuart.com.au

Get notified when similar properties are listed.
Register for early alert.

hockingstuart Commercial

187 Moray Street, South Melbourne
Tel 03 9690 6000 Fax 03 9690 4399
commercial@hockingstuart.com.au