151-153 Poath Road, Murrumbeena, VIC 3163

Development/Land | Retail | Industrial

For Sale

  • Property ID: 449274
  • Floor Area: 401m²
  • Land Area: 401m²
  • Occupancy: Vacant
FRONT AND CENTRE ON POATH. SOLD WITH VACANT POSSESSION.

POINT OF INTEREST:

To be sold via Private Sale Closing 6th November 2024 UNLESS SOLD PRIOR.

Clever assets draw attention, but strategic ones command it — and this impressive juggernaut of a commercial freehold has all the boxes ticked no matter which way you’re looking at it. From the front, the positioning on Poath Road is smack bang amongst the high street with plenty of opportunity for eye-catching signage. Whilst there is roller door access right on Poath Road at the front of the property, from the rear, a handy right-of-way laneway between Stewart and Lydson Streets makes access to the warehouse at the back that much easier.

The property has 400 sqm* of ground floor office / warehouse space. A modest office or display room sits on the lefthand side of the front of the building, with two roller doors accessible from Poath Road and also at the rear. The property suits automotive trade occupiers immediately, however it features the fantastic potential for a refurbished office / showroom for bulky retailers to heavy-weight gym operators. It will be sold with vacant possession, so any owner-occupiers could also use it as a blank canvas to customise along the way.

The mixed use zoning opens up any future ambitions for this stretch of land, particularly considering a previous permit approved for a 4-storey apartment building with ground-floor retail, validating any ideas you may have.

Shopping centres have nothing on village-style high streets, and Murrumbeena and Hughesdale’s Poath Road is the vibrant local that caters beautifully to the needs of the community. Hughesdale railway station is 250 m* away, the Monash is 2 km* from here, and Chadstone shopping centre is even closer at 1 km*.

- 401 sqm* total building area
- Rear access from right-of-way laneway off Stewart and Lydson.
- Two roller doors from the front on Poath and rear.
- To be sold with vacant possession.
- Mixed use zoning.
- Previously permit approved for 4-storey mixed-use development.
- 250 m* to Hughesdale railway station.
- 2 km* to the Monash.
- 1 km* to Chadstone Shopping Centre.

POINT OF VIEW:

When your marketing plan relies on your branding being seen, it makes more cents to position yourself amongst the most loyal and consistent foot traffic within a suburban high street.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate.
  • Car Spaces: Ample on street.
  • Condition: Fair
  • Air Conditioning: Yes
  • Floors: Carpet / concrete
  • Lifts: NA
  • Height: 3.5 metres
  • Car Parking Fees: Nil.
Outgoings
  • Land Tax: $5,500 pa. approx.
  • Council Rates: $2,800 pa. approx.
  • Owners Corp. / Insurance: NA
Murrumbeena Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2692 --- ---
Offices $7143 $257 3.60%
Retail --- $278 ---
This is the average advertised price, rent and yield for Murrumbeena, VIC 3163*
* 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.

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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