CBRE Melbourne Strip Retail Investments are pleased to bring to the market 348-350 Clayton Road, Clayton for sale via Public On-Site Auction Thursday 18th October at 12:30pm
We highlight some key features below:
- Recently renewed (net net) lease to ASX Listed tenant NAB + 5 year lease to longstanding tenant 'United Schools of Martial Arts'
- Annual income of $173,956* + GST + Outgoings with fixed 3% increases and majority of outgoings recoverable
- Highly strategic & convenient location amongst national retailers, public transport (train) and an abundance of free council car parking
- Positioning on an oversized 502sqm* landholding with over 12m* of frontage and highly accessible rear lane access
- Prominent 508sqm* double storey retail building with sought after exposure to the busy Clayton Road, Clayton retail precinct and access to 150+ council car parks immediately to the rear
*Approx.