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Shops 4-5/53 Mosaic Drive,
Lalor 3075, Victoria

336m² building size
Retail

$1,400,000

Property details

Quality Tenanted Investment With Good Rental Yield!

- Secure Leases To Established Tenants
- Within Strong Residential Catchment

Ray White is delighted to offer for private sale, an excellent investment property located within Lalor's busy Mosaic Village.

- Well positioned within the desirable Mosaic Living Estate, opposite popular Gilwell Park and surrounded by a strong and growing residential catchment
- Mosaic Village is anchored by Nino Early Learning Adventures and comprises eateries, gym and mini supermarket
- Two (2) well presented shops 4 & 5, fully self-contained ground floor shops
- Long leases in place with fixed annual rental increases
- Large on site car park fronting shops

Investment Details:

SHOPS 4 & 5 - THE FITNESS WORKSHOP
Building Area: 336sqm*
Lease Term: Current lease expires on 31st May 2025 and then 5 x 5 years options
Rental as per lease agreement - $83,000 plus GST

- Excellent tax depreciation benefits
- Close proximity to Baptcare aged care, various schools, recreational facilities and major arterials
- Located just 18km* North of the CBD, Lalor is part of the City of Whittlesea which is one of Victoria's fastest growing municipalities
- This is an outstanding opportunity to purchase a commercial investment within Melbourne's surging Northern corridor

Don't miss out on this incredible opportunity to own a commercial investment in a prime location. Contact us today to arrange a private inspection and secure your future in this fantastic property.

For more information or to make an appointment to inspect the property please call Mike Sarupria on 0430 126 491

Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for
general information only and does not constitute any representation on the part of the vendor or agent.

*approx.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

Static map image for property View in Google Maps

School catchments

  • Lalor Gardens Primary School Primary Prep-6 Government 0.89km
  • St Catherine's School Primary Prep-6 Catholic 1.0km
  • St Clare's School Primary Prep-6 Catholic 1.4km
  • Thomastown West Primary School Primary Prep-6 Government 1.7km
  • Thomastown Meadows Primary School Primary Prep-6 Government 1.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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