+18 Photos

SOLD

9-15/96 Edwards Road, Kennington, VIC, 3550

Properties / Sold / Victoria / Kennington

Tenanted Investment

1. Property Summary

Selling Method

Expression of Interest

Selling Details

Contact Agent

Land Area

2,209 m² (*approx)

Floor Area

867 m² (*approx)

Property Type

Retail

Est. Income

$142,017 p/a

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2. Property Highlights

UNLOCK THE POSSIBILITIES – 5 PRIME SHOPS ACROSS 7 TITLES PLUS ASSOCIATED CAR PARKING

Untapped future possibilities
Holding income with ‘Value Add’
Very tightly held retail precinct

** SOLD **

Gross Waddell ICR is pleased to present for the first time Shops 9-15, 96 Edwards Road, Bendigo (Kennington).

Key property highlights Include:

• 5 shops plus land totalling 2,209 sqm*

• Strong trading and well established mix of tenants including Bendigo Bank

• Onsite parking on title for 27 cars

• Current combined rental of $142,017* p.a. allowing for substantial future rental growth

• Multiple ‘value add’ options - renegotiate leases, develop (STCA) or sell down

• Huge frontage and exposure to Edwards Road of 40m*

• Commercial 1 Zone (CZ1)

• Strong retail trade catchment and surrounded by national tenants including Aldi, Woolworths, IGA, McDonald’s, KFC, Ampol plus many more

Shops 9-15, 96 Edwards Road, Kennington is being offered for sale via an Expressions of Interest campaign, closing on Thursday 7th March 2024 at 3pm.

To obtain further information or to arrange an inspection, please contact the team at Gross Waddell ICR directly.

*Approx.

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Retail

Est. Income

$142,017 p/a

Number Of Tenants

Land Area

2,209 m² (*approx)

Floor Area

867 m² (*approx)

Selling Method

Expression of Interest

Selling Details

Contact Agent

2. Property Highlights

UNLOCK THE POSSIBILITIES – 5 PRIME SHOPS ACROSS 7 TITLES PLUS ASSOCIATED CAR PARKING

Untapped future possibilities
Holding income with ‘Value Add’
Very tightly held retail precinct

** SOLD **

Gross Waddell ICR is pleased to present for the first time Shops 9-15, 96 Edwards Road, Bendigo (Kennington).

Key property highlights Include:

• 5 shops plus land totalling 2,209 sqm*

• Strong trading and well established mix of tenants including Bendigo Bank

• Onsite parking on title for 27 cars

• Current combined rental of $142,017* p.a. allowing for substantial future rental growth

• Multiple ‘value add’ options - renegotiate leases, develop (STCA) or sell down

• Huge frontage and exposure to Edwards Road of 40m*

• Commercial 1 Zone (CZ1)

• Strong retail trade catchment and surrounded by national tenants including Aldi, Woolworths, IGA, McDonald’s, KFC, Ampol plus many more

Shops 9-15, 96 Edwards Road, Kennington is being offered for sale via an Expressions of Interest campaign, closing on Thursday 7th March 2024 at 3pm.

To obtain further information or to arrange an inspection, please contact the team at Gross Waddell ICR directly.

*Approx.

Remember to mention you found this property on CommercialReady

9-15/96 Edwards Road, Kennington, VIC, 3550 Kennington

Gross Waddell ICR

Level 1, 30 Collins Street Melbourne VIC 3000

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Alex Ham

+61 *** *** *** show +61 410 545 226

Andrew Greenway

+61 *** *** *** show +61 409 547 626

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

9-15/96 Edwards Road, Kennington, VIC, 3550