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10-12 Main Road, Monbulk VIC 3793

House
Block size: 663 m² approx.

Income producing Investment.

Forget residential investing go commercial, better return, less capital investment and no hassles. Situated at the Top end of town this Blue-Chip Commercial freehold in 2 lots (Separate Titles) offers you future security and growth with a handsome monthly income.
A total of 632 m2 of land area with a 14 m frontage to Main Road and a rear lane way access its stacked with potential for future development. Services include: Mains Water and Power Connected. Mains Gas & Sewer ready to be connected.
The huge Steel and Corrugated Iron Shed approximately 144.5m2 in area has the potential to be extended (STCA).
Currently leased to Monbulk Tyres an established business servicing the Dandenong Ranges for over two decades returning $2032.48 PCM with fixed 5% annual increases + Outgoings. Leased to 2026.
Arguably the best Commercial offering in the Dandenongs secure your future and add this Blue Chip property to your property portfolio to help fund your retirement.
Terms of Sale: 10% Deposit of the purchase price on signing Formal Contracts. Settlement 30 /60 days.
Make your enquiries to Joseph Licciardi Kallista real estate 0418 509 722 now.

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Key details

Property type:
House
Block Size:
663 *

Other Details

Lot:
5
Plan:
LP40455
Legal description:
5\LP40455
Kallista Real Estate
  • Kallista Real Estate

    Kallista Real Estate

Maps and area information

Block information
Block size: 663 (approx)
Legal description: 5\LP40455
Block Map
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

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Statement of information

Section 47AF of the Estate Agents Act 1980
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Monbulk suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
44 years
Population
3,651
Listing ID: 181691054. This listing has been viewed 54 times. It was first displayed on 09/06/2023 and last updated on 08/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.