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3 Bed • 2 Bath • 1 Car • 1076m²
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30-32 Holmes Road, Moonee Ponds VIC 3039
Price Undisclosed
What's around Holmes Road
Warehouse description
“Prime Multi-Income Site With Development Plans”
Expressions of interest are now sought for this extensive commercial site just 100m from Moonee Ponds Station at the western end of the Puckle Street precinct.
A high-profile opportunity in the coveted Activity Centre Zone, this large 1,076sqm (approx) site boasts dual street frontage with parking for ten cars and comprises five high-quality office/retail/warehouse spaces with a diverse range of uses and strong rental income.
The property also offers the opportunity to take advantage of its high-traffic retail and residential location and utilise approved plans and permits for 33 apartments across four levels and two ground floor retail shops.
Land specifications are as follows (approx):
• Total area – 1,076m2
• Frontage (Holmes Rd) – 18.37m
• Rear laneway boundary – 18.42m
• Side boundaries – 58.52m each
Current lease / income arrangements:
• Retail 1: $33,990 p.a. – two year lease commenced 12 July 2021 (with two further one year options and six-month demolition clause from year two)
• Retail 2: $13,200 p.a. with potential to increase (long-term tenant on month-to-month lease with six-month demolition clause)
• Retail 3: $34,099 p.a. – one year lease commenced 26 November 2021 with three further one year options (six month demolition clause from year two)
• Retail 4 (level 1): Currently vacant (potential rent $115,000 p.a)
• Retail 5 (warehouse): $21,999 p.a. - one year lease commenced 2 July 2021 with three further one-year options (first option now exercised) and six-month demolition clause from year two
In Conjunction with WPRE
Other features
0Municipality
City of Moonee ValleyLand details
Documents
What's around Holmes Road
Contact the real estate agent
Joe Zucco
McDonald Upton
Send an enquiry
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