PRIME VILLAGE STRIP INVESTMENT
GrayJohnson is pleased to offer for sale this single-storey property located in the heart of the popular Fawkner shopping village. 51 Bonwick Street, Fawkner is currently occupied by a bakery/cafe, it offers immediate and ongoing returns to the investor under the terms of a brand new, 3-year lease.
The Bonwick Street precinct is a popular neighbourhood shopping strip with recently refurbished streetscapes. It is home to a cosmopolitan range of eateries as well as an IGA supermarket, chemist, newsagency and other local retailers. This property enjoys excellent main road exposure with a central position in the shopping strip. There is a second access via a laneway at the rear.
The opportunity:
• New 3-year lease commencing 1 May 2023
• Landholding of 193sqm approx
• Building Area 205sqm approx
• Returning $40,000 pa net plus GST
• Main road plus laneway access
The location:
• Popular shopping strip location
• 700m* from Gowrie railway station
• Easy access to Western Ring Road and motorway network
• 12km approx north of the Melbourne CBD
• Commercial 1 zone
*Approx
Auction Thursday 8 June @ 12 noon
For more detail contact Rory White 0439 655 504 or Anthony Boldrini 0468 519 472.
