28 Ranelagh Drive, Mount Eliza, VIC 3930

Retail

Sold Contact Agent

  • Property ID: 342985
  • Floor Area: 130m²
  • Land Area: 255m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 130m2 255m2 Contact Agent
POTENTIAL IN THE HEART OF THE VILLAGE

The last in the field is ready to pay over the odds! Situated in the true heart of blue-chip Mt Eliza Village amongst high-level development, this modest shopfront is one of the precinct's last under-capitalised retail properties…and potentially one of its biggest winners.

Central 255 sqm* property with 130 sqm* brick shop
Cornering a pedestrian laneway with 2 streetfrontages
Purpose-fitted retail space, high-security back-of-house

Solid brick base for extension with open space on 3 sides
Easily resumed site to develop (STCA), less than 50% site-coverage
Flexible tenancy, vacant possession possible
Parking reserves front & rear, parklands all around
Up-scale beachside enclave of boutiques, brand supermarkets & eateries
Rare retail investment growth in a high-worth beachfront locale
Cocooned by a relatively isolated position & loyal clientele

Offered for sale by Auction on Thursday, 19th September at 1pm on site.

There's no gamble here, it’s a sure thing. Let this flexible tenant pay out through the planning process & take this champion site to the full height of its potential.


For more information or to arrange an inspection please contact the Agents.

* Approx

Mount Eliza Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7979 --- ---
Offices --- $439 ---
This is the average advertised price, rent and yield for Mount Eliza, VIC 3930*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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