Watch Watch
Back
×
Sold Check
+14 Photos
196 Warrigal Road, OAKLEIGH, VIC, 3166

2. Property Highlights

High Exposure Freehold Investment
  • Renewed 7 Year Lease to 2027
  • Prime North & Warrigal Rd Intersection
  • Tenant pays usual outgoings

+ Renewed 7 Year lease to Aug 2027 plus options to 2041

+ Lease to successful and longstanding tenant, same location for 10+ years

+ 250sqm well presented 2 level building with high quality capital intensive 2020 new fit-out

+ Prime 137sqm site with premium commercial 1 zoning

+ Irreplaceable position at the intersection of Warrigal Road and North Road

+ Fixed 2.5% rent increases

+ Tenant responsible for usual outgoings

+ Single tenant minimum management investment

+ Oakleigh: 2km from Chadstone Shopping Centre and 15km from the Melbourne CBD

+ Net income: $62,995 pa + GST

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 31 March 2021

Remember to mention you found this property on CommercialReady.com.au

Read More

3. Property Location

196 Warrigal Road, OAKLEIGH, VIC, 3166

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
calculator-icon Yield Calculator
calcultor-icon Yield Calculator