229 Stud Road, Wantirna South, VIC 3152

Retail | Offices

For Sale

Auction: Friday, Dec 6, 12:30 PM

  • Property ID: 450240
  • Floor Area: 300m²
  • Land Area: 187m²
  • Occupancy: Tenanted
PRIME RETAIL INVESTMENT

Vinci Carbone is delighted to present this exceptional retail investment in the tightly held Studfield Shopping Centre retail strip. This prime two-level retail office freehold offers buyers the chance to secure an outstanding investment leased to an established tenant, Ray White Wantirna.

Comprising an impressive two-level building and a land area of 187 sqm* (with rear ROW access) we strongly recommend this property for your consideration.

Key Attributes:

+ Prestigious National Brand: Nationally recognised franchisee – Ray White.

+ Lease Terms: Newly renewed 3-year lease from 1 July 2024 with further options.

+ Income: Returning: $94,579 per annum* plus outgoings.

+ Land Holding: 187 sqm* of Commercial 1 zoned land featuring convenient rear ROW access.

+ Exceptional Location: Nestled within the highly sought-after Studfield Shopping Centre retail strip, anchored by IGA. This prime location benefits from an abundance of street parking directly in front of the shops and at the rear plus excellent public transport access, with a bus stop conveniently located within a 3 minute* walk.

Auction Friday 6 December at 12.30pm on-site

*approx.

Wantirna South Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8333 $426 5.12%
Offices $8333 $426 5.12%
Industrial --- $120 ---
This is the average advertised price, rent and yield for Wantirna South, VIC 3152*

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.
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