Sold
Prime investment with development upside
190 High Street, Belmont VIC 3216
Auction
RetailSize: n/a
Block size: 1196 m² approx.
Colliers is pleased to present to the market For Sale 190 High Street, Belmont by Auction on Thursday 2 May 2024 at 12pm (AEST) on-site.
190 High Street presents as an outstanding investment providing the astute investor with the opportunity to add a nationally recognised tenant to their investment portfolio. Offered with a five year lease and annual increases aligned to CPI, the current property rent is $140,000 per annum plus GST and outgoings, making it an opportunity not to be missed.
The prominent location of the site is underpinned by its dual street frontage to High Street and Roslyn Road providing exceptional exposure and visibility making it an attractive development site in the future. Further to this, the property is surrounded by key businesses which include Aldi, Auspost, Coles and Commonwealth Bank to name a few.
190 High Street comprises of a substantial 1,196 square metres* of Commercial 1 zoned land providing an array of development opportunities (STCA) to support Belmont's growth into the future. Offered with a secure five-year holding income, this is an outstanding opportunity for developers to acquire an income whilst planning for the future.
Magic Hand Carwash started its journey as a small family business in Melbourne during 1994. Since then, the business has grown to become a nationally recognised franchise providing a network of car washes across Australia including branches in Western Australia, Queensland, Tasmania, and Victoria with a tally of more than five million cars washed.
Key Features:
• Land Area: 1,196 square metres*
• Build Area: 250 square metres*
• Five-year lease to Magic Hand Car Wash
• Rent $140,000 per annum plus GST and outgoings
• Secure holding income with development potential
• 89m* of frontage provided by way of dual street frontage
• Corner block providing premium exposure
• Subject to approximately 11,000 passing vehicles daily**
Don't miss the chance to secure this Belmont gem!
For more information or to arrange an inspection, please contact Collier's listing agents below:
Ben Young | 0407 296 679
Chris Nanni | 0438 306 361
Jackson Carrick | 0428 879 994
*Approx.
** Gapmaps
190 High Street presents as an outstanding investment providing the astute investor with the opportunity to add a nationally recognised tenant to their investment portfolio. Offered with a five year lease and annual increases aligned to CPI, the current property rent is $140,000 per annum plus GST and outgoings, making it an opportunity not to be missed.
The prominent location of the site is underpinned by its dual street frontage to High Street and Roslyn Road providing exceptional exposure and visibility making it an attractive development site in the future. Further to this, the property is surrounded by key businesses which include Aldi, Auspost, Coles and Commonwealth Bank to name a few.
190 High Street comprises of a substantial 1,196 square metres* of Commercial 1 zoned land providing an array of development opportunities (STCA) to support Belmont's growth into the future. Offered with a secure five-year holding income, this is an outstanding opportunity for developers to acquire an income whilst planning for the future.
Magic Hand Carwash started its journey as a small family business in Melbourne during 1994. Since then, the business has grown to become a nationally recognised franchise providing a network of car washes across Australia including branches in Western Australia, Queensland, Tasmania, and Victoria with a tally of more than five million cars washed.
Key Features:
• Land Area: 1,196 square metres*
• Build Area: 250 square metres*
• Five-year lease to Magic Hand Car Wash
• Rent $140,000 per annum plus GST and outgoings
• Secure holding income with development potential
• 89m* of frontage provided by way of dual street frontage
• Corner block providing premium exposure
• Subject to approximately 11,000 passing vehicles daily**
Don't miss the chance to secure this Belmont gem!
For more information or to arrange an inspection, please contact Collier's listing agents below:
Ben Young | 0407 296 679
Chris Nanni | 0438 306 361
Jackson Carrick | 0428 879 994
*Approx.
** Gapmaps
Inspections
No open inspections scheduled.
Send an enquiry
Contact Ben Young to learn more about this property, request an inspection or take an online tour.
Auction
Thursday 2 May, 12:00pm
On-site
Key details
Property type:
Retail
Block Size:
1196 m²*
Other Details
Lot:
1
Plan:
PS514368
Legal description:
1\PS514368
Maps and area information
Block information
Block size: 1196m² (approx)
Legal description: 1\PS514368
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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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
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
03 May 2024
Sold at auction
Colliers Geelong
Listed: 03/04/2024
Block size: 1196m²
Transfer type: Full transfer
Belmont suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
38 years
Population
15,066
Listing ID: 182417720. This listing has been viewed 0 times. It was first displayed on 03/04/2024 and last updated on 03/05/2024.
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.