154 Mascoma Street Strathmore VIC 3041

Shop & Retail
200 m²
Sold, $1,026,000

Private Sale - Proudly Offered by Pennisi

High-profile premises, with a quality tenant, that have become part of the fabric of Strathmore.

The Essentials:
Cool room
Cafe and Kitchen area
Separate office
Bathroom facilities

The Numbers:
Rent: $60,000 per annum plus GST

Outgoings Paid by the Tenant:
Rates $611 per quarter
Water $907 per quarter

Tenant: IGA - Cellarbrations Local Grocer and Liquor
Lease Term: Until 2028, with further 5-year options
Rent Reviews: CPI plus market reviews at end of term

The Village:
Brilliantly located on busy Mascoma Street, with its small but vibrant strip of shops and a local inner city atmosphere.
Easy access to parkland, transport, Citylink, and Essendon Fields.

The Clincher
If you are looking for a quality, long-term investment, then don't go past this one.

Call Andrew Pennisi today to book your private inspection or for more information.

Pennisi Real Estate

255c Keilor Road

Essendon, VIC 3040

Property Highlights

Date Sold	21 Dec 2024
Sold Price	$1,026,000
Floor Area	200 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2019677700
Category	Shop & Retail
Last updated	5 Jan 2025

Map for 154 Mascoma Street Strathmore VIC 3041

Nearest transport* to 154 Mascoma Street Strathmore VIC 3041

Bus

Train

Tram

Ferry

Menarra St/Woolart St (Strathmore)	88 m
Menarra St/Woolart St (Strathmore)	95 m
Lamart St/Mascoma St (Strathmore)	169 m
Lamart St/Mascoma St (Strathmore)	211 m

*Within a 4km radius

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Pennisi Real Estate

255c Keilor Road

Essendon, VIC 3040

Property Highlights

Date Sold	21 Dec 2024
Sold Price	$1,026,000
Floor Area	200 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2019677700
Category	Shop & Retail
Last updated	5 Jan 2025

Listed by

Andrew Pennisi

Pennisi Real Estate

Call

03 9379 5616

More about 154 Mascoma Street Strathmore VIC 3041

154 Mascoma Street Strathmore VIC 3041 is categorized as Shop & Retail Property. It has a floor area of 200 m². The listing ID for this property is 2019677700.