Sale

137 Shoreham Road
RED HILL, VIC 3937

Property Type
Retail
Building Area
576m2
Land Area
1,680m2
Zoning
Commercial 1

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

Fitzroys is 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:

•  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 Chris James and Lewis Waddell.



*Approx
**(Mornington Peninsula Business)

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Consultant

Chris James

M: 0421 779 714
E: jamesc@fitzroys.com.au

Lewis Waddell

M: 0431 107 275
E: waddelll@fitzroys.com.au

Enquire about property
Property Type
Retail
Building Area
576m2
Land Area
1,680m2
Zoning
Commercial 1
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