- Eight (8) year lease
- Income: $91,936 pa + GST (GROSS)
- Commercial 1 zoning
Description
Gorman Commercial is pleased to offer 12 Parkhill Road, Kew for sale by way of Public Auction on Thursday 18th July at 12pm on-site.
This securely leased standalone building provides a rare opportunity to acquire an outstanding investment, situated within this prime Kew mixed use precinct.
Key features of the property include:
* Income: $91,936 pa + GST (GROSS)
* Securely leased to Government tenant
* Lease term: 8 years plus options (Commencing 1st March 2022)
* Land area: 370 sqm approx.
* Building area: 178 sqm approx.
* Four (4) car parks
* Prime Commercial 1 zoning
* High exposure corner location with 42m+ frontage to Parkhill Road and Ridgeway Avenue
* Directly adjacent to Coles supermarket & soon to be completed Kew Recreation Centre (Est.2025)
Located just off High Street, Kew, the property is a short walk away from Kew Junction home to national retailers Coles, Woolworths & Dan Murphy's as well as specialty stores, cafes and restaurants. The area is also well serviced by public transport and benefits from easy access to the Eastern Freeway via Chandler Highway.