3, 277 Point Nepean Road, Dromana, VIC 3936

Retail

Sold $905,000

  • Property ID: 429203
  • Floor Area: 90m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 14/06/2023 90m2 N/A N/A
Outstanding Location

Modern Retail Space, 90sqm approx. There is one under cover secure private car space. Exceptional position on Dromana's main street alongside the Dromana Hub Shopping Centre and with apartment complex above. There is rear access, suspended ceiling, lighting, heating/cooling, kitchenette and male/female toilets.

Secure commercial investment with 3 + 3 year lease commencing 16/7/23 at $39,000 pa plus Outgoings - 3% annual rent increases.

Dromana Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $900 ---
Industrial --- $157 ---
Retail $10056 --- ---
This is the average advertised price, rent and yield for Dromana, VIC 3936*
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.
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  Jacobs & Lowe Real Estate

 

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Property Detail Notes:

  • 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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