- Current Income: $16,873pa
- Commercial 1 Zone
- Quality singe level 72 sqm freehold
Description
Gorman Commercial is pleased to offer 8A Wood Street, Nunawading for sale by Public Auction on Thursday 11th October at 12 noon.
Key attributes of the property include:
* Single level retail freehold of 72 sqm approx.
* Current income of $16,873 per annum plus outgoings & GST with annual 4% increases
* Commercial 1 zone
* Leased to successful tenant who has been in operation in the area for a number of years
* Located metres from the Nunawading Train Station and surrounded by a variety of established
businesses with numerous high density mixed-use developments recently completed and currently
proposed
* Ideal entry level investment or SMSF opportunity
The property is located off Station Street, Nunawading metres from the Nunawading Train Station within an established retail and commercial precinct. Over recent years, the immediate area has seen an increase in high density residential development which has further enhanced the area with numerous additional developments also proposed. The property is within close proximity to the intersection of Springvale Road and Whitehorse Road providing easy access to the Eastern Freeway and Eastlink. Nunawading is located approximately 18km from the Melbourne CBD.
For further information please contact the exclusive selling agents at Gorman Commercial.
Open For Inspection:
Wednesday 26th September: 12.00pm - 12.30pm
Wednesday 3rd October: 12.00pm - 12.30pm
Wednesday 10th October: 11.30am - 12.00pm