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SOLD

320 Main Road East, St Albans, VIC, 3021

Properties / Sold / Victoria / St Albans

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Friday 16th August 2024 at 12 noon, on-site

Land Area

233 m² (*approx)

Floor Area

220 m² (*approx)

Property Type

Retail

Sub-type

Cafe/Restaurant

Terms

Brand new five (5) year lease from 1st October 2024

Est. Income

$75,000 p/a

Fully Leased

Tra Vinh Restaurant

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2. Property Highlights

A MOUTHWATERING INVESTMENT - BRAND NEW 5 YEAR LEASE

Established business of 15+ years
Annual rent of $75,000 + GST
New 5 year lease from October '24

Aston are pleased to present 320 Main Road East, St Albans for sale by Public Auction on Friday 16th August 2024 at 12 noon, on-site.

Leased to one of St Albans most popular and long-standing Vietnamese restaurants in Tra Vinh, the property benefits from a brand new five (5) year lease which commences on 1st October 2024.

The features.

• Total land area of 233m²*

• Total building area of 220m²*

• Annual rent of $75,000 + GST + Outgoings

• Brand new five (5) year lease from 1st October 2024

• One (1) further option of five (5) years

• Leased to popular eatery in Tra Vinh Restaurant

• Prime freehold in dynamic retail precinct

• Ample nearby public car parking

• Directly opposite the revitalized St Albans station

• Surrounded by abundance of major retailers including Woolworths, ANZ, CBA, KFL Supermarket & Chemist Warehouse amongst many others

This freehold investment is located in the heart of the dynamic and vibrant St Albans retail precinct and benefits from strong support of the local community, making this a retail destination like very few found throughout Metro Melbourne.

A mouthwatering investment like no other.

Please contact Aston today to arrange a private inspection.

*approximate

Remember to mention you found this property on CommercialReady

Property Type

Retail

Sub-type

Cafe/Restaurant

Est. Income

$75,000 p/a

Tenant

Tra Vinh Restaurant

Terms

Brand new five (5) year lease from 1st October 2024

Land Area

233 m² (*approx)

Floor Area

220 m² (*approx)

Selling Method

Auction

Auction Date

16 Aug 2024 12:00PM

Add to calendar

Selling Details

Friday 16th August 2024 at 12 noon, on-site

2. Property Highlights

A MOUTHWATERING INVESTMENT - BRAND NEW 5 YEAR LEASE

Established business of 15+ years
Annual rent of $75,000 + GST
New 5 year lease from October '24

Aston are pleased to present 320 Main Road East, St Albans for sale by Public Auction on Friday 16th August 2024 at 12 noon, on-site.

Leased to one of St Albans most popular and long-standing Vietnamese restaurants in Tra Vinh, the property benefits from a brand new five (5) year lease which commences on 1st October 2024.

The features.

• Total land area of 233m²*

• Total building area of 220m²*

• Annual rent of $75,000 + GST + Outgoings

• Brand new five (5) year lease from 1st October 2024

• One (1) further option of five (5) years

• Leased to popular eatery in Tra Vinh Restaurant

• Prime freehold in dynamic retail precinct

• Ample nearby public car parking

• Directly opposite the revitalized St Albans station

• Surrounded by abundance of major retailers including Woolworths, ANZ, CBA, KFL Supermarket & Chemist Warehouse amongst many others

A mouthwatering investment like no other.

Please contact Aston today to arrange a private inspection.

*approximate

Remember to mention you found this property on CommercialReady

320 Main Road East, St Albans, VIC, 3021 St Albans

Aston

Level 15, 627 Chapel Street, South Yarra Vic 3141

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Joshua Colosimo

+61 *** *** *** show +61 413 790 309

Fred Nucara

+61 *** *** *** show +61 418 567 560

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

320 Main Road East, St Albans, VIC, 3021