272-274 Highbury Road, Mount Waverley
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.
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$3,078
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