Skip to main content
1/20 Miles Street
Mulgrave VIC 3170
SearchBack to results

1/20 Miles Street Mulgrave VIC 3170

  • Shop & Retail
  • 122 m²
  • For Sale, $900,000 | 6% Yield

SECURE INVESTMENT WITH LONG-STANDING FOOD TENANT!

    Crabtrees Real Estate are pleased to offer Unit 1/20 Miles Street, Mulgrave for PRIVATE SALE.

    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!

    Property Highlights

    Floor Area122 m²
    Land AreaAsk Agent
    Parking3 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Virtual TourView Tour
    Property ID2019628722
    Category
    Last updated  11 Dec 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  11 Dec 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.

    More Properties for Sale from Crabtrees Real Estate Oakleigh

    For SaleCONTACT AGENT
    various/8-20 king street,oakleigh, VIC 3166
    21 - 620 m²
    Factory, Warehouse & Industrial
    For SaleCONTACT AGENT
    34 axis crescent,dandenong south, VIC 3175
    320 m²
    Factory, Warehouse & Industrial
    For SaleCONTACT AGENT
    60 carroll road,oakleigh south, VIC 3167
    700 m²
    Factory, Warehouse & Industrial