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Retail

897 Point Nepean Road Rosebud, VIC 3939

Sold for $900,000 on 4 Feb 2025Floorplan
  • Building: 168m²
  • Land: 212m²
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Retail in Rosebud

Deceased Estate - Investment With The Lot

  • Building: 168m²
  • Land: 212m²

RWC Diston Asset services is proud to present this single freehold investment for Expressions of Interest.

Perfectly positioned in Rosebud's retail precinct, with ample car parking and huge exposure to Point Nepean Road, opposite Rosebud pier and surrounded by quality establishments such as Woolworths, Repco & BWS.

Securely leased to ItsaBurger from 2018 and growing from this location to another store is a testament to this business operator.

Here is a great opportunity for an astute investor to redevelop or enter into a longer lease with the sitting tenant.

The property features

  • Single freehold in prime retail precinct
  • Zoning | Commercial 1
  • Land area | 212sqm approximately
  • Building area | 168sqm approximately
  • Return | $44,990.05 pa net
  • Lease | Three (3) years
  • Options | Nil
  • Increases | 4% annual
  • Rear laneway access
Building:

168m²

Land:

212m² / 0.05 acres

Zone:

Commercial 1

Tenancy:

Tenanted

Categories:

Retail, Medical/Consulting

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

897 Point Nepean Road, Rosebud, VIC 3939