High Profile Grovedale Investment Growth Corridor
Fantastic Corner Site Two Street Frontages
Secure Lease to April 2025, $106,000PA plus GST and Outgoings
Land area 996m2 approx., 590m2 Showroom/Office
4.8% net return
No GST – 50% Stamp Duty discount applies
Zoned Commercial 2

This prime showroom/office situated directly opposite Grovedale IGA offers investors high quality fit out throughout, excellent rental return, secure lease terms and a successful long-term tenant. Located on a high-profile 996m2 corner site in one of Victorias biggest growth corridors, the showroom/office of 590m2 approx. is a perfect addition to your portfolio.
Current lease term through to April 2025 (plus options) with $106,000PA plus GST and outgoings. Only minutes to Armstrong Creek growth corridor via Torquay Road or Barwon Heads Road and with significant frontage to Marshalltown Road this prime site ticks a lot of boxes. A rare offering in this tightly-held and high-demand location. FOR SALE NOW at $2,200,000 (no GST). 4.8% Net Return. 50% Stamp Duty discount applies.