MORTGAGEE SALE - Blue Chip Bayside Investment
Nichols Crowder is delighted to present 349 Hampton Street, Hampton, to the market For Sale.
This rare offering is truly unique, featuring 255sqm* of freehold building area erected on 348sqm* of land along the busy and ever-growing Hampton Street.
Positioned just three doors down from the anchor tenant of the strip, Woolworths Supermarket, and supported by a spacious council car park at the rear, this blue-chip investment ticks nearly every box from a property investment standpoint.
With the suburb of Hampton now boasting an extraordinary median house price of $2.33M*, investing here is underpinned by some of the strongest demographics in Melbourne.
Key features include:
* Currently returning $76,403.25* per annum plus outgoings & GST
* Fixed 5% annual rental increases
* Four (4) + four (4) year lease from February 2021
* Building area: 255sqm*
* Land area: 348sqm*
* Strong rental growth potential
* Kitchenette & amenities
* Rear access plus onsite parking
* Vast public car parking adjoining the rear of the property, providing direct access to Hampton train station
* Future upside with favourable development potential
For further details or to arrange an inspection please contact:
James Glen 0401 493 277
Matthew Duncan 0400 427 427
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.
