115-117 Bluff Road Black Rock VIC 3193

Axis Property is pleased to offer an exceptional multi-tenanted commercial property in the heart of Black Rock - 115-117 Bluff Road, Black Rock , For Sale by Auction.

This outstanding investment boasts a total land area of 340 sqm*, featuring a diverse mix of office and medical tenants. Currently fully leased with strong rental returns, this investment opportunity provides a stable and diverse income stream to add to your portfolio.

Key Features:

* Total return of : $92,436.33p.a
* Total Building Area : 316 sqm*
* Land Area : 340 sqm*
* Right of Way at Rear
* Stable income stream from diverse tenancy mix (5 tenants)
* Strong leases with options and built-in rental increases
* Potential for capital growth in thriving Black Rock
* Commercial 1 zone
* Low maintenance investment.
* Value add: Opportunity to add another level or redevelop.

Don't miss this rare opportunity to acquire a high-performing commercial asset in one of Melbourne's most sought-after suburbs.

On-site Auction - Thursday 12th December 2024, 12.00pm

Contact Axis Property today for more information or to arrange an inspection.

Daniel Liberman 0438 333 666
Edmond Yeong 0488 777 919

*denotes approximate.