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I'M AN UNMISSABLE CORNER GEM ON THE 'GOLDEN MILE'.
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BLACKBURN -
WHITE H O RSE ROAD
This corner freehold property sits prominently on one of Melbourne's busiest thoroughfares better known as the 'Golden Mile' activity precinct. With a substantial land allotment of 387 sqm* and a combined 45m frontage, this premium corner site is exposed to thousands of passing cars every single day. Currently returning $58,493 per annum, the property is leased until January 2027 with no further options, making it the ideal proposition for value-add investors, land banking developers and future owner-occupiers.
236 sqm* 387 sqm* LAND AREA:
BUILDING AREA:
ZONING
Commercial 1
TERMS OF SALE
10% Deposit on Sale, Balance 30/60/90 days
BUY ME
Auction Friday 27th October 2023 at 12 noon on-site
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I HAVE LOTS OF OPTIONS.
With short term lease, renovate to suit your needs and move in and take advantage of the position!
Enjoy income for 3 years while you plan for a new building or development.
DEVELOP INVEST
Keep as is, renovate or completely redevelop. The location will reward you.
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A GOLDEN LOCATION
Strategically located at the gateway of Whitehorse Roads acclaimed 'Golden Mile' retail precinct.
This exceptional corner freehold property is surrounded by an abundance of major retailers that underpin this precinct as one of Melbourne's premier large format retail destinations.
Positioned directly opposite the brand-new Kia Blackburn as well as Melbourne's largest Lexus dealership. The company this property keeps is all you need to know about the high profile nature of this destination.
Investors, owner-occupiers and developers...what more do you want in a location?
COVERING 113,251 SQM OF PRIME RETAIL FLOORSPACE
OVER 270 BUSINESSES
MORE THAN 2000 EMPLOYEES
HOME TO AN ABUNDANCE OF NATIONALLY RECOGNISED RETAILERS
WELL SERVICED BY TRAIN
BUSES
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14,000 VEHICLES PASSING DAILY
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I KEEP GOOD COMPANY.
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BLACKBURN 3130.
Nestled within the eastern suburbs of Melbourne, Blackburn offers residents and visitors an exceptional quality of life that combines the charm of a suburban setting with the conveniences of a bustling city. The town is renowned for its picturesque tree-lined streets, well-maintained parks, and a strong sense of community that makes it an ideal place to raise a family or settle down.
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I'VE GOT A SECURE TENANT 'TIL JANUARY 2027.
TENANT BUSINESS NAME: UnderCover Blinds
RENTAL: $58,493.28 + GST
COMMENCEMENT: 22nd January 2022
LEASE TERM: Five (5) year lease - No further options
ANNUAL INCREASES: 4%
Our reputation for quality construction and superb fit and finish in all our awning installations is second to none – so much so that our competitors regularly use our service for shade solutions across the greater Melbourne region, but most notably throughout the Mornington Peninsula. undercoverblinds.com.au
With over 120 years combined experience, Undercover Blinds & Awnings are experts in (you guessed it) Melbourne outdoor blinds and awnings.
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HERE'S A BIT MORE ABOUT ME.
The property is outlined on the certificate of title as follows.
Volume: 9501 Folio: 761
BUILDING DETAILS
ZONING BUILDING AREA
Commercial 1 Zone (C1Z)
236 sqm*
LAND AREA
387 sqm*
PRIME CORNER FRONTAGE TOTALLING 45m *
REAR ACCESS + ON-SITE CAR PARKING
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DISCLAIMER
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.
*Approximate