Commanding Carnegie Corner Freehold

Fitzroys is delighted to offer 143-145 Koornang Road & 288 Neerim Road, Carnegie for sale as part of its “Melbourne Retail Portfolio Auction” on Thursday 23rd June at Leonda By The Yarra, Hawthorn at 11am.

Key attributes:

• Outstanding opportunity to secure a prime corner freehold positioned within one of Melbourne’s best performing retail precincts
• 100% leased to 3 quality tenants
• Combined return of $83,043* per annum plus GST
• Land Area: 254sqm*
• Building Area: 240sqm*
• Includes rear access to onsite car park from Neerim Road
• Within surging activity centre underpinned by various new high rise residential towers nearby
• Excellent future value add potential (stca)
• Close to Woolworths Supermarket and a host of well-regarded eateries
• Gateway location to Koornang Road’s highly acclaimed lifestyle precinct
• Excellent future value add potential (stca)

Tenancy Details:

143 KOORNANG ROAD - 5 + 5 year lease
- Returning $23,574 per annum

145 KOORNANG ROAD - 5 + 5 year lease
- Returning $42,954 per annum

288 NEERIM ROAD - 5 + 5 year lease
- Returning $16,515 per annum

FOR SALE BY PUBLIC AUCTION AT LEONDA BY THE YARRA, HAWTHORN, THURSDAY 23RD JUNE COMMENCING 11.00AM

*Approx.