25 Anderson Street Templestowe VIC 3106

Stonebridge Property Group is pleased to present for sale 25 Anderson Street, Templestowe.

The key highlights of the opportunity include:

- A high profile freehold investment located in the heart of the thriving and low vacancy Templestowe retail Village

- The versatile freehold enjoys high exposure onto a popular public piazza and rear access onto major council car park

- Leased to the highly rated Yo Bros Frozen Yogurt & Acai, on a 3-year lease with fixed 4% annual increases

- Providing net annual income of $70,000 + GST + Outgoings

- Favourably Zoned Commercial 1 Zoned landholding with precedent for future development/additional height

- Strategically positioned within Templestowe Village Shopping Centre, anchored by Supa IGA and surrounded by over 50 food and service business

- Located in the tightly held Templestowe Village, anchored by major Supa IGA, 150+ car parks and a plethora of convenience retailers i.e. Liquor Store, Australia Post and Newsagency

- Templestowe Village is one of Manningham's strongest trading precincts, with historically low levels of retail vacancy highlighting tenant demand and scope for rental growth

- Templestowe is located 15 km* east of the Melbourne CBD and boasts an affluent population local residents earn a weekly household income 23% greater than the Victorian average

25 Anderson Street, Templestowe is offered for sale via Public On-Site Auction Friday 22nd November 2024 at 12:30pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

Ian Lam
0416 621 859

*Approximately

Property Code: 1108