482 Neerim Road Murrumbeena, VIC 3163

Investors, look no further. Situated directly opposite the Murrumbeena train station and in the thriving Neerim road shopping precinct, this multi-tenant investment offers excellent security for any investor. With a combined rental income of $73,600 plus outgoings plus GST, spread across two separate tenants over a dual level building.

Take advantage of this opportunity and benefit from the following:

Ground Floor Supermarket:
Floor area: 146m2*
Current rent: $37,200* plus outgoings plus GST
Term: 3 year lease with options from July 2021
Commercial 1 zone (CZ1)
15 years plus trading history for this business
Rear laneway access

First Floor Massage Therapy:
Floor area: 146m2*
Current rent: $36,400* plus outgoings plus GST
Term: 3 year lease with options from March 2020
Yearly 4% increases
Separate front entrance
Kitchen and Bathroom
-Total rental income: $73,600* per annum plus outgoings plus GST-

Building Information:
Total building area: 292m2*
Total land area: 230m2*
Rear laneway access with roller door
Ample public parking
1km* to Chadstone Shopping Centre
2.1km* from Monash freeway (Warrigal Road)
Located directly opposite Murrumbeena train station

All of the above offers a smart and secure investment opportunity with the added benefits of being located in a busy shopping precinct with all the key elements to stay relevant well into the future.

For additional information of inspections please contact
Ben Ainsworth 0412 534 028 or Ryan Trickey 0400 380 438.
Photo ID required at all open inspections.

.*Denotes approximate