173 High Street, Melton

Share
Sharing Listing
For Sale
For Sale
Asking price

$2,500,000 - $2,600,000

  • 1690sqm
For Sale
Asking price

$2,500,000 - $2,600,000

  • 1690sqm
Agents

Office: Essendon Office
Make an enquiry

A Blue-Chip Investment on a Prime Main Road

Buyer Registration – Buying with Openn

This property is being marketed through the Openn platform, providing buyers with greater transparency and real-time visibility throughout the sales campaign. Register to follow as an observer, receive updates or submit an offer. Scan the QR code at the end of the photo carousel, or tap and hold it on your phone, to register. For help, contact the listing agent.

A "good investment" is one that is based on sound business practices. Like investing in a large block of approx. 1 ,690sqm with prime main road exposure less than 1 km from the city centre.

One that has a blue chip national tenant like Kennards Hire that is paying annual rent of $135,000 with 3% annual rises and a further 4 ½ years tenancy left with an option of a further 5 years. (Based on a 5% ROI, that's an investment valued at $2,700,000!)

With a showroom floor area of approx. 130sqm, plus 20 onsite parks it just gets better and better.

You do your sums and "good investment" is an understatement.

Sale Process & Communication Notice

The vendor may sell the property at any time, including prior to any advertised date, and reserves the right to vary the sale method or bring any advertised auction forward. Prospective purchasers must notify the selling agent in writing of their interest and intended participation to ensure they are kept informed of any changes to the sale process. Purchasers are responsible for ensuring their contact details remain current and that they remain contactable regarding this property, as the agent cannot guarantee delivery of updates where communication preferences have been restricted, or contact details are incorrect.

View Map

Recent Sales in Melton

Beds

0

Price

Contact agent for details

Property Type

Land

Sale Type

Private Sale

Address
Beds
Price
Property Type
Sale Type
0
Contact agent for details
Land
Private Sale
Scooter LR v2
Suburb Profile

Melton


Find an Agent

All of our agents have the experience and local knowledge to guide you

Book an Appraisal

Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision

Manage my Property

Switch to Woodards Property Management