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Corner Cafe/Bakery Investment

Shop 5/530-540 Main Street, Mordialloc VIC 3195

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RetailSize: n/a
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.

*Denotes Approx.

Inspections

No open times scheduled
Contact agent to arrange a private inspection.

Key Details

Property Type:Retail
Stamp Duty:$54,870
 
Nichols Crowder Property Moorabbin

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Mordialloc Suburb Information

 
Average Age
41 years
Population
8,166
Mordialloc's Property Profile
Mordialloc's Occupancy

Contact agents

Nichols Crowder Property Moorabbin

Nichols Crowder Property Moorabbin

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James GlenNichols Crowder Property Moorabbin
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Listing ID: 177941347. This listing has been viewed 0 times. It was first displayed on 11/02/20 and last updated on 19/03/20.