Crabtrees Real Estate are proud to present For Sale this fully leased prime retail holding with excellent long term development potential located at 96 & 96a Poath Road, Hughesdale for Private Sale.

Australia Post, Advantage Pharmacy & Cignall tenant this strategically located retail asset located in the heart of the Hughesdale Shopping Strip and only 50 meters from Hughesdale Railway Station.

This prime investment is securely leased returning a modest rental of $74,900 per annum plus GST & Outgoings, allowing for substantial rental uplift.

Three (3) secure tenancy details:

+ Total income: $74,900 pa plus outgoings and GST *

+ Substantially underlet

+ Secure long term tenants

+ 100% leased

++ Full tenancy schedule available upon request ++

Property Details:

+ 440 sqm total building area

+ 697 sqm Commercial 1 land holding

+ Highly sought after location

+ Long term multi level development potential (STCA)

+ High traffic location

+ (3) secure long term tenants

+ Rare opportunity for Investors to secure a strategic land holding

Conveniently zoned Commercial 1, the site has potential for a development of 5-6 levels (STCA).

Oakleigh/Hughesdale is one of Melbourne's up and coming suburbs that has seen major change and redevelopment. Only minutes from Chadstone Shopping Centre and Monash Caulfield Campus, it also boasts a newly upgraded train station which is complemented by public bus services.

Located in a prime position surrounded by new shops, restaurants and apartments this is an opportunity to make your mark in one of Melbourne's most sought after locations.

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Remember to mention you found this property on DevelopmentReady