Mordialloc has now turned into one of the most highly sought after commercial property suburbs in the south-east of Melbourne.
Low zero vacancy, easy car parking, a multitude of cafes, eateries and drinking spots, as well as a Woolworths and an ALDI Supermarket underpin its popularity.
The property with cafe tenancy we are offering is well located at the corner entrance of ALDI.
Key features include:
* Returning: $59,487* p.a. + outgoings * Leased until 2027 with further options * Long standing tenant who make outstanding coffee * Annual fixed increases of 4% every year with market review at option * Great passing foot traffic * Complimentary use of the development * Property would suit a variety of food uses (STCA) long term
For further details, or to arrange an inspection, please contact:
James Glen - 0401 493 277
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images and renders are subject to copyright.
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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.