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106 - 126 Main Street
Greensborough VIC 3088
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Sold on 20 Dec 2018

106 - 126 Main Street Greensborough VIC 3088

  • Development / Land
  • 5,778 m²
  • Sold

INVEST OR DEVELOP MAJOR 5,778SQM* GATEWAY SITE

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THE PROPERTY

+ Landmark 5,778sqm* corner site with combined frontage of 143m*

+ Eight existing tenancies, across a GLA of 3,306sqm* providing strong passing net income of $505,939* per annum, WALE OF 2.2 years

+ Nominated as a key strategic development site with the most favourable height allowance (89m AHD) over any other property within the Activity Centre

THE LOCATION

+ Prime Activity Centre Zone location opposite Greensborough Plaza, featuring Coles, Kmart, Target and other major retailers

+ Located within a high-performing retail precinct with zero vacancy

+ Close proximity to major universities including RMIT Bundoora (4km*) and La Trobe (5km*)

+ Only 100m* to Greensborough Train Station linking directly to the Melbourne CBD in 38minutes*

+ Situated in a picturesque north-eastern suburb of Melbourne which has experienced 13% capital growth in median house price and 10% unit price growth over the past 12 months

*approx

Property Highlights

Date Sold20 Dec 2018
Floor Area3,306 m²
Land Area5,778 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231816
Category
Last updated  18 Jan 2024
Map for 106 - 126 Main Street Greensborough VIC 3088

Property Highlights

Date Sold20 Dec 2018
Floor Area3,306 m²
Land Area5,778 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231816
Category
Last updated  18 Jan 2024

Listed by

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