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UNDER OFFER! Tenanted Freehold Investment For Sale in Melbourne’s South-East

38 Westminster Street, OAKLEIGH VIC 3166

• Adult entertainment venue with all relevant council approvals and an onsite manager
• Industrial 1 Zoning positioned amongst a highly sought after industrial and commercial precinct
• Tenanted with $132,000 rent + GST
• Lease Terms 3 years + 9 further terms of 3 years each commenced 10th April 2024, with CPI increases annually
• Secure premises with CCTV throughout common areas, security gate and secure entry door with intercom
• Highly accessible area, close to public transport and Princes Highway
• Oakleigh Central Shopping Centre 400m away with anchor tenants Coles & Woolworths and 25 specialty stores and services
• Located 1.85km from Chadstone, Australia’s largest shopping centre with over 550 stores, designer boutiques and over 30 luxury brands
• An experienced tenant who also operates another venue, with a steady stream of repeat clientele
• A well-maintained premises with additional renovations being carried out by the tenant, demonstrating their care and commitment to successful business operations
• Land Size: 599m2 (Approx.)

UNDER OFFER

Please contact Jonathan Lan on 0422 358 259 to receive a detailed information memorandum

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Property Features
  • Retail
  • Land is 599 m²
  • Floor Area is 1 m²
Commercial Features
Highlight 1

Tenanted with $132,000 rent + GST

Highlight 2

Lease Terms 3 years + 9 further terms

Highlight 3

CPI increases annually

Inspection Times

No inspections are scheduled at this time.

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