8, 87-89 Colchester Road, Kilsyth, VIC 3137

Retail

Sold

  • Property ID: 448388
  • Floor Area: 55m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 8 Sold 08/10/2024 55m2 N/A Contact Agent
GREAT ENTRY LEVEL RETAIL INVESTMENT

Appleby Commercial is pleased to offer this entry level retail investment located at 8/87-89 Colchester Road, Kilsyth.

The property is located within a fully occupied retail strip close to the corner of Colchester Road and Mt Dandenong Road.

Property Details:
- Building Area: 55m2
- 2 Car Spaces on Title
- Ample Customer Parking
- Solar System

Lease Details:
- Tenant: Kilsyth Wholesale Meats
- Rental: $18,084 plus GST per annum
- Term: 5 years from 1st September 2023
- Further Terms: 5 years
- Annual Reviews: CPI

For further information or to arrange an inspection contact Appleby Commercial today.

Additional Information
Features
  • Availability: 30/60 days
  • Lease Term: 5 + 5 years
  • Rent Review: CPI
  • Car Spaces: 2
  • Condition: Good
Outgoings
  • Water Rates: Tenant Pays
  • Land Tax: Retail Tenant - Landlord Pays
  • Council Rates: Tenant Pays
  • Owners Corp. / Insurance: Tenant Pays
Kilsyth Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $9015 $455 5.04%
Retail $7780 $455 5.84%
Industrial $2691 $119 4.41%
This is the average advertised price, rent and yield for Kilsyth, VIC 3137*
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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  Appleby 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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