40 Aitken Street, Gisborne, VIC 3437

Retail

For Sale Contact the Stonebridge Team

  • Property ID: 449628
  • Floor Area: 250m²
  • Land Area: 137m²
  • Occupancy: Vacant
High Profile Gisborne Corner Boasting 40+ Years of Tenant Retention

Stonebridge Property Group are pleased to present for sale 40 Aitken Street, Gisborne.

The key highlights for this opportunity include:

- High profile corner freehold located in the heart of the tightly held Gisborne retail village – adjoining Foodworks.

- Boasting an unparalleled history of tenant retention with 40+ years of tenant retention

- Vendor-favored 5-year net lease to highly rated real estate agency Woodards

- Woodards Real Estate boats a statewide network of 24 offices

- The versatile freehold spans 250 sqm* of building area (with additional cellar space) and benefits from multiple points of entry

- Providing scope for multiple tenancies, with level one enjoying separate/private access via Hamilton Street

- One of Gisborne’s most prominent positions, bookended between 3 major supermarkets (Foodworks, Coles & Aldi)

- The convenient location enjoys significant surrounding council car parking

- Providing income of $63,236* + GST + Outgoings with 3% fixed annual increases

- The affluent suburb, just 54 km from the Melbourne CBD, boasts a median house price of $1,017,500*

40 Aitken Street, Gisborne is offered for sale via Expressions of interest closing Wednesday 20th November 2024 at 12:30PM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

Ian Lam ???
+61 416 621 859

*Approximately

Property Code: 1106

Gisborne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $163 ---
Retail $3600 --- ---
This is the average advertised price, rent and yield for Gisborne, VIC 3437*

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.

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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×