Sold

897 Point Nepean Road,
Rosebud 3939, Victoria

212m² land size
168m² building size
Retail

$900,000


Deceased Estate - Investment With The Lot

RWC Diston Asset services is proud to present this single freehold investment for Expressions of Interest.

Perfectly positioned in Rosebud's retail precinct, with ample car parking and huge exposure to Point Nepean Road, opposite Rosebud pier and surrounded by quality establishments such as Woolworths, Repco & BWS.

Securely leased to ItsaBurger from 2018 and growing from this location to another store is a testament to this business operator.

Here is a great opportunity for an astute investor to redevelop or enter into a longer lease with the sitting tenant.

The property features

• Single freehold in prime retail precinct
• Zoning | Commercial 1
• Land area | 212sqm approximately
• Building area | 168sqm approximately
• Return | $44,990.05 pa net
• Lease | Three (3) years
• Options | Nil
• Increases | 4% annual
• Rear laneway access

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.

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