Submit your best offer now!
Offers closing on 24/Jul/2024 at 12:00PM. (AEST),
Stalwart Real Estate proudly presents this rare 169m2 "Retail Investment Opportunity" an excellent ground level frontage retail unit for sale.
This is a rare opportunity to acquire property in a thriving mixed-use location within the beachside precinct of Victoria Point. The centre is home to long-term successful businesses including Foodworks, Doctors, Pharmacy, Post Office, News Agency, Bakery, BWS, Restaurant and much more.
Currently tenanted by a long-standing medical practice, this property is suitable for an investor or future owner-occupier, with the current lease.
Blue Chip Investment:
- Long term lease.
- Next Rent Review: January 2025, based on market conditions.
Key Features:
- Internal ground level area of approximately 169sqm.
- Fully partitioned.
- Reception area, 5 Consultation rooms plus storage.
- Treatment room
- Airconditioned.
- On-site kitchen and powder room.
For more information or to arrange an inspection, contact Dinesh Sangroha on 0414 000 044.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.
The size of Victoria Point is approximately 13.4 square kilometres. It has 37 parks covering nearly 17.3% of total area. The population of Victoria Point in 2011 was 14,816 people. By 2016 the population was 15,012 showing a population growth of 1.3% in the area during that time. The predominant age group in Victoria Point is 50-59 years. Households in Victoria Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Victoria Point work in a trades occupation. In 2011, 68.5% of the homes in Victoria Point were owner-occupied compared with 67.8% in 2016.
Victoria Point has 6,673 properties. Over the last 5 years, Houses in Victoria Point have seen a 80.41% increase in median value, while Units have seen a 77.18% increase. As at 31 October 2024:
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