8A Balmoral Avenue SPRINGVALE VIC 3171

Blue Chip investment opportunity

*This premises is located in a well-known landmark in Springvale CBD, popular
among the locals and high foot traffic, most are buy to hold, so don't miss this
golden opportunity.

* Renewed lease August 2021 term 5 years + 1 x 5 years further term.
* August 2022 increase fixed 3%, and subsequent years 4% fixed annual
* Market review –further term
* Tenant pays all outgoings (except landlord tax)
* Floor Area: 64 m2 (approx).
* Multi-storey public car parking at rear.

Terms:... [More]

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property information

  • Type Commercial
  • Price SOLD
  • Property Type Retail
  • Building Size 64 m2
  • Walkscore View

Auction time

  • Thursday 24th June 2021 12:00pm | On Site


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