Retail
ID 50383UpdatedSale503 - 507 Mount Albert Road
503 - 507 Mount Albert Road
Three Kings
Please contact us for price
- Size
818 SQM
- Description
- Building Information
- Location
- Agents
Description
Split-Risk Multi Tenanted Retail Block
503-507 Mt Albert Road is a 100% occupied block of retail and office space situated on a commanding corner site in Three King, sitting on town centre zoned land.
A rare commodity in todays' market, this prime opportunity provides a reliable source of income from six separate tenants of varying businesses from a Hair Salon to a car workshop, helping de-risk the investment.
- Floor Area: 635m²
- Land Area: 818m²
- Combined Net Annual Rental: $142,784.42pa net
- Six Separate Tenants and Business Types
- Town Centre Zoning with 18m Height
- Prominent Corner Site
After being held by the same family for almost 25 years, they have now decided it is time to sell.
503-507 Mount Albert Road is for sale via Deadline Private Treating closing 4pm 28th April 2022 (unless sold prior). Contact the Sole Agent now for more information and to ensure you do not miss this opportunity."
503-507 Mt Albert Road is a 100% occupied block of retail and office space situated on a commanding corner site in Three King, sitting on town centre zoned land.
A rare commodity in todays' market, this prime opportunity provides a reliable source of income from six separate tenants of varying businesses from a Hair Salon to a car workshop, helping de-risk the investment.
- Floor Area: 635m²
- Land Area: 818m²
- Combined Net Annual Rental: $142,784.42pa net
- Six Separate Tenants and Business Types
- Town Centre Zoning with 18m Height
- Prominent Corner Site
After being held by the same family for almost 25 years, they have now decided it is time to sell.
503-507 Mount Albert Road is for sale via Deadline Private Treating closing 4pm 28th April 2022 (unless sold prior). Contact the Sole Agent now for more information and to ensure you do not miss this opportunity."
Location
Agent
Kevin Reardon
Senior Broker, Metropolitan Sales