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38 Westminster Street
Oakleigh VIC 3166
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Sold on 12 Oct 2024

38 Westminster Street Oakleigh VIC 3166

  • Shop & Retail
  • 1 m²
  • Sold

SOLD! Tenanted Freehold Investment For Sale in Melbourne's South-East

  • Tenanted with $132,000 rent + GST
  • Lease Terms 3 years + 9 further terms
  • CPI increases annually

Adult entertainment venue with all relevant council approvals and an onsite manager
Industrial 1 Zoning positioned amongst a highly sought after industrial and commercial precinct
Tenanted with $132,000 rent + GST
Lease Terms 3 years + 9 further terms of 3 years each commenced 10th April 2024, with CPI increases annually
Secure premises with CCTV throughout common areas, security gate and secure entry door with intercom
Highly accessible area, close to public transport and Princes Highway
Oakleigh Central Shopping Centre 400m away with anchor tenants Coles & Woolworths and 25 specialty stores and services
Located 1.85km from Chadstone, Australia's largest shopping centre with over 550 stores, designer boutiques and over 30 luxury brands
An experienced tenant who also operates another venue, with a steady stream of repeat clientele
A well-maintained premises with additional renovations being carried out by the tenant, demonstrating their care and commitment to successful business operations
Land Size: 599m2 (Approx.)

SOLD

Please contact Jonathan Lan on 0422 358 259 to receive a detailed information memorandum

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Images relating to this property are indicative only

ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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ASL Real Estate
ASL Real Estate
130-132 High Street
Kew, VIC 3101

Property Highlights

Date Sold12 Oct 2024
Floor Area1 m²
Land Area599 m²
ParkingAsk Agent
Property ID2019264335
Category
Last updated  22 Nov 2024
Map for 38 Westminster Street Oakleigh VIC 3166
ASL Real Estate
ASL Real Estate
130-132 High Street
Kew, VIC 3101

Property Highlights

Date Sold12 Oct 2024
Floor Area1 m²
Land Area599 m²
ParkingAsk Agent
Property ID2019264335
Category
Last updated  22 Nov 2024

Listed by

More about 38 Westminster Street Oakleigh VIC 3166

38 Westminster Street Oakleigh VIC 3166 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 599 m². The listing ID for this property is 2019264335.

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