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107 Keilor Road
Essendon VIC 3040
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Sold on 21 Jun 2023

107 Keilor Road Essendon VIC 3040

  • Shop & Retail
  • 220 m²
  • Sold

ESSENDONS AUTOMATIC PORTFOLIO STAND OUT

    POINT OF INTEREST:
    A flagship automotive workshop amongst Essendon’s prominent commercial strip; this is an investment to the tune of guaranteed success. Standing tall amongst big-name titans like KFC, Midas, McDonald's and 400 Gradi, this asset holds its own with 839 sqm* of land and 220 sqm* of building on top. More specifically, the property is made up of workshop, office and amenities storage space, but the nationally recognised and trusted tenant has occupied the property for 35 years, proving there is long-term loyalty here. These customers could come from the frontage exposure to 14,000 cars on a daily basis, or perhaps the connection to the residential community that surrounds the neighbourhood (like the primary school that sits opposite). Either way, the convenient on-site parking welcomes them in, and the seamless access to the Tullamarine Freeway offers a clever connection to the rest of Melbourne. And when cars aren’t in the picture, the 59-tram and the 477-bus are quite literally on the doorstep, too.

    -    Returning $83,288 p.a + outgoings & GST.
    -    5 + 5 year lease commenced 1st October 2022.
    -    839 sqm* total land area.
    -    Commercial 1 zoning.
    -    18.3 m* frontage to Keilor Road.
    -    On-site car parking.
    -    Over 14,000 passing vehicles daily.
    -    640 m* to Bulla Road.
    -    700 m* to the Tullamarine Freeway.

    POINT OF VIEW:
    A 35-year residency paired with Australia’s biggest brands setting up shop here for good; others have already run the numbers so you can ring ours.

    *Approx.
    Pricing excludes GST

    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold21 Jun 2023
    Floor Area220 m²
    Land Area836 m²
    ParkingAsk Agent
    Property ID2018551630
    Category
    Last updated  22 Jun 2023
    Map for 107 Keilor Road Essendon VIC 3040
    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold21 Jun 2023
    Floor Area220 m²
    Land Area836 m²
    ParkingAsk Agent
    Property ID2018551630
    Category
    Last updated  22 Jun 2023

    Co-Agents

    Luca Angelico
    CVA Property Consultants Pty Ltd
    Call
    0447 772 782
    Ben Quennell
    Ben Quennell
    CVA Property Consultants Pty Ltd
    Call
    0499 903 905
    Ian Angelico
    CVA Property Consultants Pty Ltd
    Call
    0418336088

    More about 107 Keilor Road Essendon VIC 3040

    107 Keilor Road Essendon VIC 3040 is categorized as Shop & Retail Property. It has a floor area of 220 m² and a land area of 836 m². The listing ID for this property is 2018551630.

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