FOR SALE
FOR SALE

G04 & G05/202 Jells Road
Wheelers Hill VIC 3150

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 100m2
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A rare and exciting opportunity

This is a rare and exciting opportunity to purchase a retail property in the heart of Wheelers Hill, located in a busy shopping strip surrounded by a variety of other retailers and amenities.
The property is well-located in a busy shopping strip, providing great exposure and ease of accessibility makes it a convenient location for customers. Currently leased to Australia Post offering a secure income stream for the remaining 2.5 years plus a 5-year option to extend.
Facilities include elegant waiting areas, Board room availability on a reserved basis as well as private parking spaces.
Key features:
- Secure 2.5-year lease remaining with an additional 5-year option to Australia Post
-Guaranteed income stream of $41,234.40 per annum
-Potential for significant rental growth
-Prime location in a busy shopping strip in Wheelers Hill
-Excellent exposure including private parking spaces
-Property is in excellent condition

Property Details for G04 & G05/202 Jells Rd, Wheelers Hill

Building Type
Commercial
Floor Size
100m2

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About Wheelers Hill 3150

The size of Wheelers Hill is approximately 10.4 square kilometres. It has 51 parks covering nearly 22.7% of total area. The population of Wheelers Hill in 2011 was 19,104 people. By 2016 the population was 19,740 showing a population growth of 3.3% in the area during that time. The predominant age group in Wheelers Hill is 60-69 years. Households in Wheelers Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wheelers Hill work in a professional occupation. In 2011, 83.3% of the homes in Wheelers Hill were owner-occupied compared with 81% in 2016.

Wheelers Hill has 8,880 properties.

    There are currently 25 properties listed for sale, and 8 properties listed for rent in Wheelers hill on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Wheelers hill.

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    Sam Rossello
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