138 Hoffmans Road, Essendon, VIC 3040

Retail | Other

Sold

  • Property ID: 449163
  • Floor Area: 804m²
  • Land Area: 1909m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 17/04/2024 804m2 1909m2 Contact Agent
Guardian Childcare & Education Centre Essendon

- Long 10 year net lease to 2031 with greater of CPI or 3.5% annual rent increases

- Guardian Childcare & Education - One of Australia’s largest operators across 110+ centres nationally

- Large 1,909 sqm* site improved by 131 place childcare centre with prime frontage to Hoffmans Road (10,800+ vehicles daily)

- Strategic childcare position 100 metres to Woolworths-anchored Niddrie Central Shopping Centre and Keilor Road Retail Precinct

- Essendon - Premium suburb 16 km* to Melbourne CBD with large employment & transport hubs including Essendon Airport

- Attractive Net Lease Structure - Tenant pays all usual outgoings inc. Rates, Management Fees and general Repairs & Maintenance

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Property Code: 1091

Essendon Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- --- ---
Offices $8502 $120 1.41%
Retail $5022 $120 2.38%
This is the average advertised price, rent and yield for Essendon, VIC 3040*
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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  Stonebridge Property Group

 

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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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