Commercial Investment includes Local Milk Bar, Studio & 2 Bedroom Dwelling!!
Sold - 38 Ayr Street, Doncaster
Investment opportunity, Retail
Sale Details
Sold on 20 Jun 2016 for $785,000
| Building Area | 275m² |
|---|---|
| Rate | $2,855 per m² |
| Yield: | 4.63% |
| Land Area | 197m² |
|---|---|
| Rate | $3,993 per m² |
Overview
| Sale History ID: | 25380 |
|---|---|
| Property ID: | 10915 |
| Advertised Price: | $785,000 |
|---|
Description
An opportunity to purchase an investment in sought after Doncaster has become available. It is situated within a strip of 10 commercial shops and is currently returning a combined annual rental of $36,420.00 net per annum.
The property features;
- Ground Floor Shop - 154sqm (approx)
- Two Bedroom Apartment - 62sqm (approx)
- Semi-Basement Self Contained Studio Apartment - 59sqm (approx)
The property is within walking distance of the Doncaster Park and Ride and Westfield Doncaster situated less than 1km (approx) from Eastern Freeway.
For further information or to arrange an inspection please contact CVA Property Consultants.
Additional Info
| Features |
|---|
| Tenancy | Hai De Li Australia Pty Ltd |
|---|---|
| Lease Term | Three (3) Years Plus Five (5) Years |
| Commenced | 10th January, 2016 |
| Rent Review | CPI Annually |
| Bond/Guarantees | Three months rent & personal guarantee for shop & dwelling, one month's rent for the studio apartment |
| Outgoings Payable | By the tenant |
| Car Spaces | at rear |
| Zoning | Commercial 1 Zone (C1Z) |
| Outgoings |
|---|
Agent Details
Leo Mancino
M | 0418 343 147
T | (03) 9623 2570
E | [email protected]
Jarrod Moran
M | 0413 251 621
T | (03) 9623 2589
E | [email protected]