77 Martins Lane, Viewbank, Vic 3084

Retail
Please contact agent
Please contact agent
Published on: 01 Oct 2024
Last updated on: 07 Oct 2024
77 Martins Lane, Viewbank, Vic 3084
77 Martins Lane, Viewbank, Vic 3084
77 Martins Lane, Viewbank, Vic 3084
+10
77 Martins Lane, Viewbank, Vic 3084
  • 10
Property ID: 504701828
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Key property information

Land Size
374.00 m2
Zoning
Commercial 1 Zone
Floor Area
342.00 m2
Tenure Type
tenanted

Quality Suburban Investment with Attractive Lease Fundamentals

77 Martins Lane, Viewbank, Vic 3084
Colliers is pleased to present 77 Martins Lane, Viewbank for sale via on-site Public Auction on Friday 1 November at 12:30pm (AEDT).
On offer is a split-level freehold mixed-use property comprising of retail accommodation plus a two (2) bedroom residence with a large garage. The property is ideally situated within close proximity to transport and educational amenities.   

The key highlights of the opportunity include:

-	Suburban Milk Bar with 2-bedroom residence totalling 342sqm*

-	Rental of $53,487* per annum + GST with 4.00% annual increases

-	Recently renewed lease expiring March 2033 plus 2 x 5-year options

-	Longstanding tenant who has traded from the property since 2012

-	The only retail strip in Viewbank, servicing an affluent resident population of 6,912^

-	Substantial Commercial 1 Zoned site of 374sqm*, allowing for flexible future development outcomes (STCA)


For further information or to arrange an inspection please contact the exclusive selling agents below:

Eddie Foulkes | 0405 890 960
Ben Baines | 0438 328 407
Lucas Soccio | 0421 428 990

*Approximate
^CoreLogic

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Land Size
374.00 m2
Address
77 Martins Lane, Viewbank, Vic 3084
Eddie Foulkes
Eddie Foulkes
Ben Baines
Ben Baines
Lucas Soccio
Lucas Soccio
Level 7, Chadstone Tower One 1341 Dandenong Rd, Chadstone, Vic 3148
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Email enquiry to Colliers - Melbourne East

Eddie Foulkes
Eddie Foulkes
Ben Baines
Ben Baines
Lucas Soccio
Lucas Soccio
Level 7, Chadstone Tower One 1341 Dandenong Rd, Chadstone, Vic 3148
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      Property ID: 504701828

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