Price Guide:
• Leased to specialist children’s educator “Kids Like Us”
• Returning $70,344p.a. with 3% increases
• Large land area of 870 sqm*
• NRZ - Neighbourhood Residential Zone - Schedule 3
• On-site parking for 10 vehicles
• Combined street frontage of over 65 metres to Charman Rd and Rossmith Ave
Aston Commercial is pleased to offer 125 Charman Road, Beaumaris for sale by Auction on Friday the 12th of August at 1pm onsite
Situated on the corner of Charman Road and Rossmith Avenue lies a prominent future development site currently leased to specialist children’s educator ‘Kids Like Us’.
With a current Five year lease ending in 2025 there is the opportunity to renegotiate and hold for investors or look to capitalise on the underlying land value and repurpose the site.
Beaumaris has quickly emerged as one of bayside Melbourne’s most popular suburbs due to family friendly environment, boutique shopping strips, leading schools, beautiful beaches and surrounding parklands.
With a median house price of $2,200,000 this investment paves the way for a number of promising opportunities for developers to repurpose the site whilst receiving income throughout a planning process.
This is a fantastic property to consider as your next purchase and we highly recommend for your serious consideration.
Please contact Aston Commercial today to arrange your private inspection.
*approx.
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