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27 Marine Pde
Hastings VIC 3915
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27 Marine Pde Hastings VIC 3915

  • Shop & Retail
  • 306 m²
  • Expressions of Interest

Secured Lease, waterfront and 6% yield

  • - Secured long term lease
  • - 6% yield
  • - Poplar restaurant business

EXPRESSION OF INTEREST DUE 31 JAN 2025 3pm

ARM REAL ESTATE is delighted to offer 27 Marine Pde Hastings:

- Secured five (5) years lease to Nov 2029 + One (1) further options of five (5) years;
- Fixed 2% annual rent increase;
- Tenant pays 100% building outgoings except landtax;
- Experienced and long term tenant trading a Korean Restaurant business;
- secured basement parking space x 3;
- Water frontage with Lot of FREE council parking spaces;
- Very close to heart of Hasting High street with all major retailers such as Coles and Kmart;
- Commercial Zone 1 (CZ1) provided a upside further investment or developments;
- Estimated average rental income during the term is $75,801 pa + GST.

Inspection by appointment and contact Ricky 0430 822 612.

EXPRESSION OF INTEREST

Closing date and time31/01/2025 15:00
Recipient nameAsk Agent
Delivery addressAsk Agent
Arm Real Estate
Arm Real Estate
Suite 3, 70-72 Kingsway
Glen Waverley, VIC 3150

Property Highlights

Floor Area306 m²
Land AreaAsk Agent
Parking3 x Onsite parkings
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019682849
Category
Last updated  9 Dec 2024
Map for 27 Marine Pde Hastings VIC 3915
Arm Real Estate
Arm Real Estate
Suite 3, 70-72 Kingsway
Glen Waverley, VIC 3150

Property Highlights

Floor Area306 m²
Land AreaAsk Agent
Parking3 x Onsite parkings
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019682849
Category
Last updated  9 Dec 2024

Listed by

More about 27 Marine Pde Hastings VIC 3915

27 Marine Pde Hastings VIC 3915 is categorized as Shop & Retail Property. It has a floor area of 306 m². There are 3 x onsite parkings.The listing ID for this property is 2019682849.

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