5 East Concourse, Beaumaris

Sold

Friday, 26th October 2018

Your Ideal Destination

Positioned for success in the hugely popular Concourse Beaumaris, this destination ticks all the boxes. Whether you’re an investor looking for a secure income from a longstanding tenant or an owner occupier looking for some prime retail space, then this is the property for you.

Anchored by a huge council car park, a brilliant mixture of brand name tenants and local retailers as well as benefiting from a very loyal patronage, the Concourse is as good as it gets.

This brilliant property offers the following benefits to the purchaser:
* Investment with an owner occupier upside
* Lease in place until February 2020 to Destination HQ with one further term of three years
* Net rental: $45,000 p.a.
* Building area: 91sqm*
* Tenant pays all outgoings (except land tax)
* Lease commencement date: February 2017
* Kitchenette amenities
* One (1) car space on title
* Opportunity to financially improve by adding a first floor (STCA)

The property is open at 11.30am, prior to auction Friday 25 October at 12noon.

For further information, enquiries and inspections, please contact:
LACHLAN MACKENZIE – 0422 564 570 or lachlanm@nicholscrowder.com.au
JAMES GLEN – 0401 493 277 or jamesg@nicholscrowder.com.au

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images are subject to copyright.

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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.

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