CALLING 6% BUYERS | FULLY LEASED, ANCHORED WITH MEDICAL AND PHARMACY TENANTS

Fitzroys in conjunction with Jacobs & Lowe are pleased to present The Red Hill Village Shopping Centre located at 137 Shoreham Road, Red Hill for sale.

The key highlights of this opportunity include:

•  Fully net income after Land Tax $185,876* pa plus GST
•  Anchored with medical, pharmacy and council tenants
•  Strategic freehold investment underpinned by 7 separately-titled retail shops
•  Rare Commercial 1 Zone land parcel of 1,680sqm* providing scope for future development (STCA)
•  Located in the tightly held Red Hill lifestyle precinct anchored by the Red Hill Cellar & Pantry, The Epicurean, Australia Post, Endota Spa and Red Hill Pharmacy
•  Highly accessible village location with significant council car parking available
•  Substantial improvements with a combined total building area of 576sqm*
•  Within Melbourne's premier holiday and tourist destination on the Mornington Peninsula famous for its beaches, estates and wineries including Pt Leo Estate, Montalto, Paringa Estate and many more
•  Underpinned by a wide catchment of Victoria's premier holiday destinations Red Hill, Balnarring, Merricks, Main Ridge through to Sorrento and Portsea
•  The Mornington Peninsula attracts 8 million** visitors per year, making it one of the most visited regional destinations in Victoria

The Red Hill Village Shopping Centre presents a rare strategic opportunity with multiple income streams, strong potential for value-add or future development (STCA).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Fitzroys:

Chris James
0421 779 714

Lewis Waddell
0431 107 275

Jacobs & Lowe:

Jeremy Lewis
0417 047 092

*Approx
**(Mornington Peninsula Business)