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1/20 Miles Street
Mulgrave VIC 3170
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1/20 Miles Street Mulgrave VIC 3170

  • Shop & Retail
  • 122 m²
  • Expressions of Interest

SECURE INVESTMENT WITH LONG-STANDING FOOD TENANT!

    Crabtrees Real Estate are pleased to offer Unit 1/20 Miles Street, Mulgrave for Sale via Expressions of Interest closing Wednesday 4th December at 3pm.

    This fully leased investment, secured by a long-standing food/cafe operator 'Cafe On Miles' located in one of Melbourne's most sought after Industrial precincts would be a tremendous addition to your property portfolio.

    This investment provides key fundamentals, providing investors with secure income and stability.

    Investment Summary:
    + Rental: $54,210 pa plus Outgoings & GST as of March 2025
    + New five (5) year lease from March 2024
    + One (1) further term of (5) five years
    + 4.25% rent reviews annually with market review at end of first term
    + 6 month bond

    Key Property Details:
    + 122 sqm building area
    + 3 on-site car parks
    + Exposure to Miles Street Mulgrave
    + High foot traffic 'Cafe' with local support
    + A+ location only moments from Wellington Road, Monash Freeway, Princes Highway and just off Springvale Road

    Crabtrees Real Estate is built on history, reputation and expertise.

    We offer a level of knowledge others can't match.

    Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

    EXPRESSION OF INTEREST

    Closing date and time04/12/2024 12:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent

    Property Highlights

    Floor Area122 m²
    Land AreaAsk Agent
    Parking3 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Virtual TourView Tour
    Property ID2019628722
    Category
    Last updated  21 Nov 2024
    Map for 1/20 Miles Street Mulgrave VIC 3170

    Property Highlights

    Floor Area122 m²
    Land AreaAsk Agent
    Parking3 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Virtual TourView Tour
    Property ID2019628722
    Category
    Last updated  21 Nov 2024

    Co-Agents

    Pana Kritikos
    Crabtrees Real Estate Oakleigh
    Call
    0418 358 700
    Christos Spanos
    Crabtrees Real Estate Oakleigh
    Call
    0411 650 185

    More about 1/20 Miles Street Mulgrave VIC 3170

    1/20 Miles Street Mulgrave VIC 3170 is categorized as Shop & Retail Property. It has a floor area of 122 m². There are 3 x onsite parkings.The listing ID for this property is 2019628722.

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