$1,695,000 + GST IF APPLICABLE
43 Olinda Monbulk Road, Olinda, VIC 3788
Prominent Freehold Property with Long-Term Tenant
This high-profile freehold building with established, long-term lease in place is an unparalleled opportunity to secure dual income streams and potential for further development (STCA). Being offered to market for the first time since its original construction, this is an opportunity not to be missed. Highlights include:
- Incredible commercial investment opportunity
- Prominent long-term tenants in prime Olinda location
- Paid parking offering a secondary stream of income
- Potential for upper level roofline development
- For GST purposes, this property is being sold as going concern
- Rental yields of 7%
- Substantial long-term rental returns
- Decades-long ongoing lease with option for continued renewal
- Beautiful indoor and outdoor door dining
- Significant foot traffic location
- Top Dandenong Ranges tourist destination
Property Information
- Land area approx 251sqm
- Floor area approx 227sqm
Property Info
Municipality
Olinda
LEGAL DOCUMENTS
Fletchers - Olinda Olinda
3/1606 Mt Dandenong Tourist Road
Olinda, VIC 3788
Tel: 03 9751 0299
Email Us
Fletchers - Olinda
Glenn Gardiner
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