Prime Eltham Commercial Freehold Investment With Strong Upside

1030-1032 Main Road & 70 Commercial Place, Eltham, Victoria 3095

Retail For Sale

For Sale
Land Area: 1,080.00 m2.    Floor Area: 638.00 m2.    

Description

Colliers International in conjunction with Jellis Craig Eltham are delighted to offer for the first time in over 35 years 1030-1032 Main Road & 70 Commercial Place, Eltham for Private Sale.

Key highlights of this opportunity include:

• Substantial mixed use freehold with a gross building area of 1,080m²*
• Diverse investment with five tenancies offering a fully let market income of $351,700pa*
• Two active retail frontages with an abundance of rear public carparking
• Land area 638m²* with Activity Centre Zoning and 5 level height limit
• Absolutely prime Eltham location opposite Eltham Train Station and in immediate proximity to Aldi, Dan Murphy’s, Woolworths, Coles and an abundance of cafes, restaurants, all the major banks and many other national retailers
• First time offered in over 35 years and one of only a few opportunities to purchase in Main Road, Eltham in the last 5 years
• Located within a highly regarded established suburb approximately 21km north-east of the Melbourne CBD with a median house price of $943,000 (source: realestate.com.au)

For further information please contact the exclusive conjunctional selling agents at Colliers International or Jellis Craig Eltham.

Colliers International
David Minton +61 422 987 749
Andrew Ryan +61 408 543 527

Jellis Craig Eltham
Jamin Silluzio +61 411 655 391

*approx

Features

  • Land area 638m²*
  • Activity Centre Zoning
  • Fully let market income $351,700pa

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