Secure, Long-Term Investment with Established Tenant Property Overview: • Address: Shop 3, 240 McKinnon Road, McKinnon VIC 3204 • Current Tenant: Established and successful bakery • Lease Details: o Term: 7 years (commenced January 2023) o Option: Additional 5-year extension o Stable rental income from a reputable business An Unrivalled Commercial Opportunity This premium retail space presents an outstanding investment opportunity with a secure long-term tenant already in place. Designed for functionality and adaptability, the property boasts high ceilings, NBN connectivity, ducted air conditioning. Premium Features & Prime Location: • North-facing shopfront • Commercial 1 zoning • One allocated ground-floor car space • Part of the prestigious ALIA mixed-use development, ensuring a steady flow of foot traffic • Only 200 meters from McKinnon Station, providing excellent transport connectivity • Positioned in the sought-after McKinnon Secondary College zone, attracting high footfall from families and professionals • Opposite the iconic McKinnon Hotel and within a bustling retail and dining precinct Thriving Market & Exceptional Investment Potential Located in an evolving, high-demand precinct, this property benefits from strong local spending power and consistent capital growth. McKinnon’s transformation into a vibrant commercial and residential hub has attracted a high-income demographic, making this an ideal investment with minimal risk. A long-term secure lease with a thriving bakery tenant ensures reliable rental income, making this a perfect addition to any investment portfolio. With rising property values and a rapidly growing local economy, this is an exceptional opportunity to secure a future-proof asset in one of Melbourne’s most sought-after locations. Don’t Miss This Prime Investment Opportunity! Enquire today for more details or to arrange an inspection.
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Properti ID: 504812760