March 28, 2024
Northern Suburbs, Office, Retail, Sales, Sold
A Winning Double
By Brett Simpson
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GrayJohnson is pleased to announce the successful sale of 416 & 416A Bell Street, Pascoe Vale South, two properties on a single title. The property was sold for circa $1,845,000.
Occupying the corner of Bell Street and Turner Street, the two-storey retail premises are currently leased to Woodards and Kwik Kopy.
Key highlights: > Total land area 439sqm* > Frontage to Bell Street 13.1m* > Land frontage to Turner Street 33.5m* > Combined building area 422sqm* > Excellent off street car parking > Zoned Commercial 1 > Passing income circa $97,000 pa net
The properties are located on a high profile corner in a busy precinct with a mix of retail, fast food and service businesses. Neighbours include Piedimonte’s Supermarket, McDonald’s and Hungry Jack’s.
For further details contact Brett Simpson 0402 427 392.