Price information
Aston are pleased to offer 129 McKinnon Road, McKinnon by Public Auction on Thursday 10 September at 12 noon.
An outstanding opportunity to acquire an entry-level retail investment in one of Melbourne’s tightly held south-eastern suburbs. Leased to popular neighbourhood cafe Mr Burch, the property provides an established income stream within a vibrant local retail precinct.
The property comprises approximately 80m²* across two (2) levels, incorporating a commercial kitchen, café fit out, first floor seating/dwelling area and outdoor seating area.
The features:
• Rental of $40,229 per annum* plus GST & outgoings
• Securely leased until 31 July 2028
• Two (2) further three (3) year options
• Building area of 80m²* across two (1) levels
• Prominent position within McKinnon’s established retail strip
Positioned on McKinnon Road, the property benefits from its location within a popular neighbourhood shopping precinct surrounded by established residential catchment, local retailers and everyday amenities.
An ideal opportunity for first-time commercial investors or astute buyers seeking an affordable, established retail investment with a proven cafe tenant.
Contact the exclusive agents for further information or to arrange an inspection.
*approximate
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