Prime retail in Puckle
Situated on the preferred north side of one of Melbourne’s most active retail precincts is this fully leased two level retail investment presently returning $78,000 pa* net + GST.
A perfect opportunity for investors looking for a high-profile property in a very popular retail strip centre.
• Land area: 195 sqm*
• Building area: 240 sqm*
• Zoning: Activity Centre
• Tenant: Phoenicia Receptions Pty Ltd t/a Dolce Vita on Puckle
• Current term of 5 x years from November 2020
• Two (2) further 5 x year options
• Rent: $78,000* p.a. net + GST with annual 4% increases
• Tenant pays all usual outgoings
For sale via Auction on Tuesday 5th September from 11am at Leonda By The Yarra, Hawthorn.
Agents in conjunction:
Gross Waddell ICR
Level 1, 30 Collins Street, Melbourne
03 9654 8666
Raoul Salter
0418 335 432
Alex Ham
0410 545 226
A perfect opportunity for investors looking for a high-profile property in a very popular retail strip centre.
• Land area: 195 sqm*
• Building area: 240 sqm*
• Zoning: Activity Centre
• Tenant: Phoenicia Receptions Pty Ltd t/a Dolce Vita on Puckle
• Current term of 5 x years from November 2020
• Two (2) further 5 x year options
• Rent: $78,000* p.a. net + GST with annual 4% increases
• Tenant pays all usual outgoings
For sale via Auction on Tuesday 5th September from 11am at Leonda By The Yarra, Hawthorn.
Agents in conjunction:
Gross Waddell ICR
Level 1, 30 Collins Street, Melbourne
03 9654 8666
Raoul Salter
0418 335 432
Alex Ham
0410 545 226
Moonee Ponds suburb statistics
Houses*
Median sale price
$1,500,000
Quarterly price change
-1.83%
Units*
Median sale price
$565,000
Quarterly price change
-2.65%
Sales insights
Auction clearance rate*
80%
Median days on market∧
26 days
Total sold properties*
109
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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