Corner Freehold with Exposure - Occupy or Invest
Nichols Crowder, in conjunction with RWC (Oakleigh), is pleased to present for Private Sale this exceptional freehold opportunity, closing Thursday 11th December at 3:00pm if not sold prior.
This versatile property offers the best of both worlds: immediate rental income for investors and future occupation potential for owner-occupiers, with two short-term leases currently in place. The flexibility makes this a rare and highly appealing prospect for a wide range of buyers.
Positioned on a prominent corner with outstanding exposure, this freehold asset benefits from strong street presence, excellent accessibility, and significant signage opportunities.
Key features include:
* Two tenancies on short-term leases, providing holding income of $149,539.80 + GST and outgoings (land tax non-recoverable)
* Ground Floor: Currently leased to a furniture and bedding outlet
* First Floor/Studio: Fully fitted out as a Martial Arts Studio
* Total building area: 1,120sqm* (approx.)
* Ground floor: Office/showroom/warehouse: 920sqm* (approx.)
* First floor: Office/studio: 200sqm* (approx.)
* Excellent rear loading via a roller shutter door
* On-site car parking, suitable for staff and customers
* Prominent corner position providing exceptional exposure, high visibility and strong branding opportunities
This is an ideal opportunity for investors seeking secure short-term income or owner-occupiers planning to move in once leases expire.
For further details or to arrange an inspection please contact:
Nichols Crowder
David Garfield 0412 651 661
RWC (Oakleigh)
Ryan Amler 0401 971 622
OPEN FOR INSPECTION:
Thursday 20th November 2:00pm – 2:30pm
Thursday 27th November 2:00pm – 2:30pm
Thursday 4th December 2:00pm – 2:30pm
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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