Affordable Investment With New Lease in an Irreplaceable Position
7/83-87 Main Street, Greensborough VIC 3088
Asking $525,000
OfficeSize: n/a
Block size: 602 m² approx.
The Investment:
- New 2 + 3 year lease from 01/12/23
- Leased to Action Drama Studio
- A long established business with other locations throughout Melbourne
- Returning $30,000 per annum
- Tenant pays all outgoings (excluding land tax)
- Fixed 4% reviews annually, security deposit and Director guarantees
The Property:
- 102 sqm first floor corner suite
- Regular shape and bathed in natural light
- Broad Activity Centre zoning
- Carpeted and air conditioned throughout
- Multi-purpose space - ideal for office, studio, or medical
- Shared bathrooms and kitchenette on the floor that are immaculately presented
The Location:
- High profile Activity Centre zone of Greensborough
- Directly opposite the Greensborough Hotel
- Very short walk to the train station and Greensborough Plaza, which is a 70,000 sqm major regional shopping centre with 170 + shops and cinemas
- Surrounded by new residential mini towers, strip retail and office buildings
- Solid suburban demographic, 20 kilometres northeast of the Melbourne CBD, and near the Metropolitan Ring Road
- The median Greensborough house price is $980,000, which has increased from $800,000 five years ago
- New 2 + 3 year lease from 01/12/23
- Leased to Action Drama Studio
- A long established business with other locations throughout Melbourne
- Returning $30,000 per annum
- Tenant pays all outgoings (excluding land tax)
- Fixed 4% reviews annually, security deposit and Director guarantees
The Property:
- 102 sqm first floor corner suite
- Regular shape and bathed in natural light
- Broad Activity Centre zoning
- Carpeted and air conditioned throughout
- Multi-purpose space - ideal for office, studio, or medical
- Shared bathrooms and kitchenette on the floor that are immaculately presented
The Location:
- High profile Activity Centre zone of Greensborough
- Directly opposite the Greensborough Hotel
- Very short walk to the train station and Greensborough Plaza, which is a 70,000 sqm major regional shopping centre with 170 + shops and cinemas
- Surrounded by new residential mini towers, strip retail and office buildings
- Solid suburban demographic, 20 kilometres northeast of the Melbourne CBD, and near the Metropolitan Ring Road
- The median Greensborough house price is $980,000, which has increased from $800,000 five years ago
Inspections
No open inspections scheduled.
Send an enquiry
Contact Richard Impiombato to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Office
Block Size:
602 m²*
Other Details
Lot:
7
Plan:
PS539040
Legal description:
7\PS539040
Maps and area information
Block information
Block size: 602m² (approx)
Legal description: 7\PS539040
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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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.
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Property history
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Greensborough suburb information
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SummaryMedian sales
Average Age
43 years
Population
21,070
Listing ID: 182377630. This listing has been viewed 0 times. It was first displayed on 15/03/2024 and last updated on 15/03/2024.
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.