85 & 87 The Terrace and 96 The Parade OCEAN GROVE, VIC 3226

85 & 87 The Terrace and 96 The Parade OCEAN GROVE, VIC 3226

Sold
Sold
Retail

DRESS CIRCLE LOCATION

EOI CLOSING WEDNESDAY 28th MARCH AT 4pm

3 PERFECTLY POSITIONED FREEHOLDS WITH FUTURE DEVELOPMENT OPPORTUNITIES (STCA)

85 THE TERRACE
– Versatile 2 storey building of 573m2*
– Comprises mix of 6 shops/offices
– Current rental return $185,304pa*
– Prominent corner location
– Land holding of 780m2*

87 THE TERRACE
– Two storey building of 355m2*
– Comprises2 shops & separate first floor office
– Current rental return $52,167pa*
– Land holding of 557m2* with strong redevelopment potential (STCA)

96 THE PARADE
– Single level building of 205m2*
– Comprises 3 shops
– Current rental return $67,955pa*
– Land holding of 628m2* with strong redevelopment potential (STCA)

TO BE SOLD IN ONE LINE OR INDIVIDUALLY

*Approx.

Property Features
  • Retail
  • Floor Area is 1133.00 m²
Commercial Features
Highlight 1

3 PERFECTLY POSITIONED FREEHOLDS

Highlight 2

CASH FLOW AND UPSIDE

Highlight 3

FUTURE DEVELOPMENT OPPORTUNITIES (STCA)

Zone

Commercial 1