Vinci Carbone are delighted to offer for sale this exceptional investment opportunity located at 61-67 Chadstone Road, Malvern East. Offered with a long lease expiring 2035, this investment property provides excellent cashflow together with fixed annual increases coupled with underlying land value and future redevelopment potential (STCA).
Nestled in the favourable vicinity of Melbourne’s renowned Chadstone Shopping Centre, this well-established petrol station and workshop presents a prime investment opportunity. The property boasts unparalleled visibility and accessibility, strategically situated on a main road located close to major arterial roads including the Monash Freeway and Princes Highway.
Key Features:
Substantial land area of 1,171 sqm*
Commercial 1 Zone
Long lease until 2035
Rental: $116,712 per annum* plus outgoings with fixed annual increases
Exceptional underlying land value and potential redevelopment (STCA)
Transaction managed by JACX Property
*Approx