349 Hampton Street, Hampton


Friday, 3rd May 2024

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

* 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.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.