1057 Riversdale Road Surrey Hills VIC
Shop & Dwelling Opposite Parklands!
Building Area: 110 sqm approx
Land Area: 300 sqm approx (6.1m x 50m)
Comprising: Shop leased as Milkbar
3 Bedroom dwelling
Kitchen
Bathroom
Rear Carpark
Zoned Commercial 1
Located in prestigious Surrey Hills opposite Wattle Park with a median 3 bedroom house price of $1,740,000.
Ideal for the astute investor or future renovation/re-development (s.t.c.a.) offering excellent rear access.
Currently Leased until August 2022 on a Five (5) Year lease that commenced 29/08/2017 with no further options.
Rent: $33,100.08 per annum increasing to $34,093.00 in August 2021.
Outgoings 100% payable by tenant.
Additional Income from the sign on the side of the building returning $2,052.88 per annum
Total building income $35,152.96 per annum increasing to $36,145.88 per annum in August 2021.
Land Area: 300 sqm approx (6.1m x 50m)
Comprising: Shop leased as Milkbar
3 Bedroom dwelling
Kitchen
Bathroom
Rear Carpark
Zoned Commercial 1
Located in prestigious Surrey Hills opposite Wattle Park with a median 3 bedroom house price of $1,740,000.
Ideal for the astute investor or future renovation/re-development (s.t.c.a.) offering excellent rear access.
Currently Leased until August 2022 on a Five (5) Year lease that commenced 29/08/2017 with no further options.
Rent: $33,100.08 per annum increasing to $34,093.00 in August 2021.
Outgoings 100% payable by tenant.
Additional Income from the sign on the side of the building returning $2,052.88 per annum
Total building income $35,152.96 per annum increasing to $36,145.88 per annum in August 2021.
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Retail
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300 sqm
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110 sqm
Agent Details
Steven Pantelios
P: 03 9429 4883
M: 0417311006
E: steven@steveway.com.au
Andrew Kolovos
P: 03 9429 4883
M: 0402 090 922
E: andrew@steveway.com.au