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88 Maling Road, CANTERBURY VIC 3126 SOLD

MARVELLOUS MALING ROAD INVESTMENT
11
Price
Contact Agent
Building Area
224 sqm
  • Grnd floor retail + 1st floor residence
  • Income: $52,500 pa + GST + outgoings
  • New 5-year lease plus options

Description

Gorman Commercial is pleased to present this versatile freehold investment situated in the tightly held and highly sought-after Maling Road retail shopping village for sale by Expressions of Interest closing on Friday 3rd April at 12 noon.

Key attributes of the property comprise:

* Income: $52,500 pa + GST + outgoings
* New 5-year lease plus options
* Fixed annual rental increases providing strong rental growth
* Rear R.O.W. access and on-site parking
* Immaculately presented ground floor retail plus spacious 1st floor two bedroom residence
* Potential to separate each level and create dual income streams

Situated within the heart of Maling Road’s shopping strip directly opposite Theatre Place Arcade and the entrance to Canterbury Train Station.

LOCATION