9 / 950 Main Road, Eltham

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9 / 950 Main Road, Eltham

Rare Opportunity - Prized Commercial & Retail Strip **Under Offer**

This is a superb opportunity to acquire a perfectly positioned commercial first floor office investment offering strong future capital growth.
The well-established tenant has a proven track record which underpins this astute investment and together with the exceptional location of the vibrant Eltham village, train station and a well-structured lease, this outstanding offering enjoys superb exposure and forms part of a tightly held retail strip amidst a wide range of thriving businesses.

Surrounding local amenities/retailers include, Woolworths, Coles, Aldi, Chemist Warehouse, Commonwealth Bank, Bank Of Melbourne ,Bendigo Bank and numerous cafes, restaurants and retail.
The asset is located in the highly prized commercial Activity Centre Zone (ACZ 1), loads of street car parking availability and positions itself within the thriving North East corridor making this a rare commercial opportunity in a highly sought after location.
A wise Investment opportunity for the astute buyer to add this premium offering to their growing portfolio.

Property features include:-

• Floor area 77sqm*
• Rent $18,167 per annum + GST + Outgoings
• Lease 5 + 5 years
• 5 year lease commenced 15 October 2020
• CPI increase each anniversary
• Ample free car parking
• Heating and Cooling throughout
• Professional office fit out

**All queries must be accompanied with full contact names and mobile contact number**
**Photo Id and Proof of Vaccination via the Service Victoria App is a condition of inspection**

1/ Please maintain healthy social distancing (1.5m) from others attending the inspection, including the Lock Bulmer staff
2/ Please refrain from touching surfaces within the property where possible
3/ You may be requested to wait outside the property to help reduce the number of people in the property at one time
4/ Appointments may be subject to change, please contact the listing agent prior to attending an inspection to confirm the inspection.

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Estimated monthly repayments based on advertised price of $400000.

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