Retail Investment Opportunity in Activity Centre
- Invest or Occupy
- Located in Moonee Ponds' Activity Centre
- Potential NET income: $62,538.18 p.a.*
ICR Property Group are pleased to present to you a retail investment opportunity located in Moonee Ponds’ Activity Centre and on one of Melbourne’s long-standing retail strips.
The Asset will directly benefit from the nearby approved residential developments as well as the convenience of the nearby commercial, retail and lifestyle destinations, including the Moonee Ponds Central Shopping Centre and Moonee Valley Racecourse, which are both a few minutes away from the Asset.
- Land area: 143 sqm*
- Building area: 215 sqm*
- One (1) Retail & Three (3) Offices
- Passing income: $47,538.18 p.a.*
- Potential NET income: $62,538.18 p.a.* on a fully let basis
- Located in Moonee Ponds Activity Centre
- 1kms* away from the $2bn Moonee Valley Racecourse redevelopment
- 10m* frontage to Mt Alexander Road
- Will suit a variety of uses including retail or office (STCA)
- Mandatory max height: 26m* (STCA)
- Activity Centre Zoning (ACZ)
Location and amenities:
- Moonee Ponds junction: 80m*
- Puckle Street Shopping Precinct: 100m*
- Moonee Ponds Central Shopping Centre: 500m*
- Moonee Ponds Train Station: 600m*
- CityLink freeway: 1.3kms*
- Essendon Train Station: 1.6 kms*
- Melbourne CBD: 6 kms*
- Calder freeway: 9 kms*
To request due diligence documents or to organise an inspection, contact one of ICR’s Exclusive Sales Agents below.
Raff De Luise – 0418 533 633
Julian Materia – 0498 188 011
Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate for over 20 years.