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26 Hampton Road
Essendon West VIC 3040
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26 Hampton Road Essendon West VIC 3040

  • Shop & Retail
  • 190 m²
  • For Sale, $850,000

Bank the Current Rental Income, and Plan a Future Development

    Jason Commercial is pleased to offer for sale to the public market: 26 Hampton Road, Essendon West.

    A rare opportunity to secure an excellent retail/dwelling investment in a prominent, and affordable local retail strip. This asset presents a great opportunity to the savvy investor; to bank the existing rental income and value add in the future with development (STCA).

    KEY FEATURES INCLUDE:
    * Land area: 227 m2 (approx)
    * Building area: 190 m2 (approx)
    * Rear laneway access
    * Commercial 1 zone

    LEASE DETAILS:
    * Net rental: $27,552 p/a
    * 100% of all outgoings paid by tenant
    * 2 Year lease commencing 1st January 2023
    * 2 further options of 2 years each to renew
    * Annual rent increases at 4% fixed and Lease options at Market Value

    Please note: all prices quoted are GST exclusive.

    All enquiries must include full first name & surname, mobile number and email address.

    For further information regarding this property, please contact below agent/s

    Leo Kikyris
    0408 365 860
    leo@jason***

    Joseph Sassine
    0419 332 839
    joseph@jason***

    Property Highlights

    Floor Area190 m²
    Land Area227 m²
    Parking2 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018331583
    Category
    Last updated  13 May 2024
    Map for 26 Hampton Road Essendon West VIC 3040

    Property Highlights

    Floor Area190 m²
    Land Area227 m²
    Parking2 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018331583
    Category
    Last updated  13 May 2024
    201c Melrose Dr Tullamarine VIC 3043

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