MAKE AN EDUCATED INVESTMENT!

Description

Crabtrees Real Estate are delighted to offer 8 The Highway Mount Waverley for sale by Public Auction on Thursday 24th June @ 1 pm on site.

With both floors securely leased to Austin Education Pty Ltd and returning $90,624 pa + Outgoings + GST, this dual level modern office building is located in the tightly held Mount Waverley Village shopping centre and features:

+ Each floor fully self contained with independent leases

+ Total current return $90,624 pa + Outgoings + GST

+ Both leases enjoy annual 3% increases

+ Both leases secured by six (6) month Bank Guarantees

+ Quality tenant Austin Education Pty Ltd - see www.austinedu.com.au/en/

+ Commercial 1 Zone and within the Mount Waverley Activity Centre Draft Structure Plan providing a clear upside for future development potential

With immediate access to all major banks, loads of food and cafe options, a Woolworths and IGA Supermarkets, this professional freehold office provides a fantastic investment opportunity in a blue chip location.

More details and Information Memorandum available on request.

Note: Can't attend the auction? No problem, you can still participate online! You can watch and even bid at this auction online on Anywhere Auctions!
https://anywhereauctions.com.au/app/property?propertyId=13301

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

features

  • Air Conditioning
  • Car Parking - Surface
  • Carpeted
  • Close to Shops
  • Close to Transport
  • Heating
  • Kitchenette

Mount Waverley

8 The Highway
CONTACT AGENT
Auction
Thursday 24th June, 01:00 PM
Venue: On Site
Land Size: 220 sqm

overview

  • 1P5162
  • CONTACT AGENT
  • Offices
  • Auction
  • 8 The Highway Mount Waverley VIC
  • Thu 24th of Jun
    1:00 PM
  • On Site
  • 350 sqm
  • 220 sqm