Iconic investment opportunity now offered for sale for the first time in nearly 50 years via Public Auction on Thursday 17th August 2023 at 1pm on site.
57 Centreway is perfectly positioned surrounding a multitude of retailers including Coles, Marketa & Co, Priceline Pharmacy, Australia Post & Waverley Cinema and directly opposite a large customer car park.
The property is nestled in the heart of Pinewood Shopping Village and comprises 154m2* ground floor retail space with amenities, rear access with 2 car parks and a 6m* glass frontage facade providing great natural light and exposure to Centreway.
The subject property is currently leased to an established cafe operator 'Cafe 57' who have recently renewed their lease for 5+5 years
Key Investment features:
- Leased to Cafe 57
- 5 year lease till 2027 with option to renew for 5 years
- Rental: $69,140 p.a. and outgoings ( 5% increases )
- Security deposit bond + director guarantee
Key Property features:
- Building Area: 154m2*
- Amenities & rear access
- Commercial 1 Zone (C1Z)
- 6m* frontage to Centreway
- Directly opposite a large customer car park
- Surrounded by established retailers
Further enhancing its proximity, the property is just 300m* away from the Monash Freeway and also provides convenient access to major arterials such as Blackburn Road, Waverley Road and Ferntree Gully Road.
*Approx.
