1/1-9 Mareeba Way, Craigieburn, VIC 3064

Retail

For Sale Contact Agent

Expressions Of Interest

  • Property ID: 449188
  • Floor Area: 130m²
  • Occupancy: Tenanted
Astute Investment Oppurtunity, Good Yield, Secure Long-Term Lease

SALE BY EXPRESSIONS OF INTEREST (CLOSING 3pm Friday 15/11/24 or sold before)

Love Commercial proudly presents to you Shop 1, 1-9 Mareeba Way Craigieburn, one of Victoria's fastest growing suburbs. Nestled within a quality group of shops including anchor tenant Chemist warehouse, a very busy community medical centre and all situated in a well-established neighbourhood.

This substantial retail property trading as a restaurant on a new 15 year lease (5x5x5) , Tenant is an experienced operator who has just fully renovated the premises and also holds a liquor license for the business.
Main features
* Rent $ 108,576.00 PA + Plus agreed outgoings + GST
* Tenant pays Council and Water Rates
* Owner pays Owners Corporation
* Lease Term - 5 years (commenced 1/8/24}
* Further terms - Two further terms of 5 years each .
* Rent Increases - 4 % pa
* FREEHOLD
* Building Size - 130m2
* Ample parking

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Craigieburn Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $11458 --- ---
Industrial --- $125 ---
Offices --- $103 ---
This is the average advertised price, rent and yield for Craigieburn, VIC 3064*

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.
Floorplans

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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