BUY ONE OR BOTH!

Description

Crabtrees Real Estate is excited to offer For Sale 90 & 92 Atherton Road, Oakleigh via Expressions of Interest closing on Wednesday 31st August at 4pm.

90 & 92 Atherton Road, Oakleigh are situated close to the heart and soul of Oakleigh, on the corner of Atherton Road and Regent Street.

Located side by side, this is an excellent opportunity for astute investors to secure either one or both assets.

The terrific upside of this property is its repositioning – the potential to redevelop the site into a mixed-use multi level development will be clearly sought after based on a precedent of surrounding apartment towers.

The opportunity to own and occupy a piece of Atherton Road is unique with a development overlay to take advantage of either now or in the future.

FEATURING:
90 Atherton Road, Oakleigh
+ Total land area of 708 sqm*
+ Total building area of 448 sqm*
+ Leased to Stefevents Pty Ltd until 31st July 2023 with no further option
+ Current return is $30,000 pa gross

92 Atherton Road, Oakleigh
+ Total land area of 637 sqm*
+ Total building area of 500 sqm*
+ Leased to Bereavement Assistance Limited until 30th September 2024 with no further option
+ Current return is $123,805.97 pa net as of 1 October 2022

+ Total combined land area of 1,345 sqm*
+ Combined Atherton Road street frontage of 32.2m*
+ Short term leases
+ Commercial 1 zoning

Expressions of Interest closing Wednesday 31st August at 4pm

Terms: 10% deposit. Balance 60/90/120 days.

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

  • Close to Shops
  • Close to Transport
  • Toilet Facilities

Oakleigh

90 & 92 Atherton Road
Contact Agent
Land Size: 1345 sqm

overview

  • 1P5692
  • Contact Agent
  • Development
  • For Sale
  • 90 & 92 Atherton Road Oakleigh VIC
  • 448 sqm
  • 1345 sqm
  • 32.2 meter