87 Rose Street,
Essendon
Inspections
Private Sale
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Sold On
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Property Location
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$630,000
0
0
0
187
Sqm
Offices
Prime investment opportunity in tightly held pocket of Essendon
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ON SITE PUBLIC AUCTION Thursday 27th November at 2pm.
McDonald Upton are delighted to offer for sale 87 Rose Street, Essendon.
An outstanding retail investment opportunity securely leased to a thriving local business.
• Blue chip investment opportunity positioned in one of Melbourne’s most tightly held and highly regarded retail strips, in the heart of Essendon.
• Secure 3 year lease term with 4 year option.
• Current net income of $22,200 plus outgoings (including building insurance) exp 1/2/2028.
• Prime single fronted retail building of 41m2, underpinned by strong underlying land area of 187m².
• Commercial 1 Zoning
• Ideally positioned directly opposite a major public transport hub in Essendon Train Station, bus terminal and tram depot – one of the busiest locations in the area.
An excellent investment opportunity with promising future development potential
