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South Morang, 774 Plenty Road

Prime Positioned Corner Investment

Sold for $602,000

Listing Number: VNP6939
About this listing

SOLD - This listing was sold in December 2018.

A premium investment opportunity in one of Melbourne's key future growth suburbs, with strong underlying land value growth and outstanding demographics.

Key attributes of this outstanding property include:

+ $24,720 plus outgoings with fixed annual increases paid by the tenant

+ Booming location location surrounded by national retailers nearby

+ 524m2 approx of landholding located in a General Residential Zone 1

+ Development potential STCA

+ Confident operator, operating as a chiropractic consultation center

+ Strong underlying land value, South Morangs median house price has grown substantially in the past 5 years with strong growth forecast

+ Desirable location with population growth

+ Within close proximity to schools, transport, freeways & shopping precincts.

+ High Exposure investment with thousands of passing vehicles per day

EXPRESSIONS OF INTEREST CLOSES 6th December 2018 at 5pm .

Open Times As Follows;
Saturday 10th Nov 1-1.30pm
Saturday 17th Nov 2-2.30pm
Saturday 24th Nov 2-2.30pm
Saturday 1st Dec 1-1.30pm
Property Information
  • Floor Area: 120 sqm
  • Land Size: 524 sqm
  • Property Type: Retail
  • Floor Area
    • Retail Square Metres: 120

Contact Details

NAI Harcourts Platinum

767 High St
Office website

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