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Commercial Sales and Leasing Executive
Another successful sale by the award-winning team at Jellis Craig, Manningham's No.1 agency. Call us today! - 8841 4888.
Enjoying an exceptional position in the heart of a thriving retail and dining strip, this impressive freehold premises offers a superb investment opportunity in a high-demand location. Set less than 100m from Watsonia Station, the 209sqm property is currently leased at $36,128.76 per annum, with fixed 3% annual increases plus outgoings.
* Total area 209sqm (approx.)
* Current seven-year lease in place to 30/09/2030
* Commercial kitchen with multiple sinks and preparation zones
* Two walk-in cool rooms
* Large landholding with rear lane access and on-site parking
* Future extension potential (STCA)
* Surrounded by vibrant retail and dining businesses
* Excellent customer parking, with abundant street parking and a large public car park nearby
* Leased at $36,128.76 per annum plus outgoings
* Annual rental increase of 3%
* Freehold sale only
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
325 Grimshaw Street Watsonia
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Commercial Sales and Leasing Executive