SOLD
272-274 Highbury Road, Mount Waverley, VIC 3149
A Commercial Investment That Is Worth Your Time
Inspection By Appointment Only.
Enjoying wonderful frontage on the busy Highbury Road and offering buyers a dream opportunity to own a petrol station with car wash facilities and a convenience store, this fantastic commercial prospect doesn’t come along very often.
• 2,245 sqm approx. of prime Mount Waverley land
• Excellent exposure on the corner of Highbury Road and Andrew Street
• Secure 10-year lease starting from February 2018 (ending 2028)
• Rental return of $159,650 per annum plus GST with a fixed increase of 3% annually
• The option of a further 10-year term
• All building outgoings to be paid by the tenant
• The property includes a convenience store with toilet facilities, 4 bay car wash including 3 manual bays and 1 automatic wash bay
This property is located close to Deakin University, Lundgren Reserve, Federal Reserve, Burwood East Shopping Centre, schools, and Andrew Street shopping strip with restaurants and IGA supermarket.
Enjoying wonderful frontage on the busy Highbury Road and offering buyers a dream opportunity to own a petrol station with car wash facilities and a convenience store, this fantastic commercial prospect doesn’t come along very often.
• 2,245 sqm approx. of prime Mount Waverley land
• Excellent exposure on the corner of Highbury Road and Andrew Street
• Secure 10-year lease starting from February 2018 (ending 2028)
• Rental return of $159,650 per annum plus GST with a fixed increase of 3% annually
• The option of a further 10-year term
• All building outgoings to be paid by the tenant
• The property includes a convenience store with toilet facilities, 4 bay car wash including 3 manual bays and 1 automatic wash bay
This property is located close to Deakin University, Lundgren Reserve, Federal Reserve, Burwood East Shopping Centre, schools, and Andrew Street shopping strip with restaurants and IGA supermarket.
Property Info
Municipality
Mount Waverley
NEARBY PROPERTIES
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