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144, Koornang Road, CARNEGIE, VIC, 3163

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200.00 m2

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Overview

Prime Retail Premises with 1st floor office/residence

GrayJohnson is pleased to offer for sale this substantial two-storey property located in the bustling retail heart of Carnegie. This is an outstanding opportunity for an owner-occupier/investor to acquire a valuable asset in Melbourne’s well-to-do south-east.

The property consists of a ground floor shop that has been recently refurbished as a nail salon. The first floor, currently configured as a two-bedroom residence with an expansive roof-top terrace at the rear, would repay refurbishment as a modern apartment or office.

Koornang Road, Carnegie, is a premier shopping destination located approximately 12km south-east of the Melbourne CBD. It offers an eclectic mix of retail businesses and is noted for its cosmopolitan range of eateries. The shopping centre is served by the Carnegie railway station, located just 300m north of the subject property.

The opportunity:
• Ground floor retail shop plus first-floor office/residence
• Land area 176sqm approx., building area 200sqm approx.
• Rear laneway access to onsite parking
• Public parking at rear
• Month-to-month lease
• Returning $67,275 pa net
• Occupy half lease the other.

The location:
• 300m from Carnegie railway station
• Zoned Commercial 1

Key Details

Status

Sold

Type

Retail

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Their interests are our priority

Di & David Haggett

Communication throughout was first class. They helped us understand the market, our options and fought hard to get us a great price. We would highly recommend GrayJohnson if you’re looking for a commercial property partner.

Peter Kirkpatrick

Charter Keck Cramer

To date, they have achieved just shy of $20 million in sales, for 27 properties and have just been appointed to sell another. We wouldn’t hesitate to recommend Matt, Rory and their team at Gray Johnson to sell your commercial property.

Egbert Pereira

EPA Group Accountants

Matt was exceptional. He helped me understand the commercial market challenges, seller expectations and intricate purchasing processes at auction to secure the purchase. Promptness and clear communications were some amazing visible qualities.

Tony Licciardi

Safetynet Investments

Thoroughly professional, they keep you informed through out the leasing process, they will do the hard yards to secure a tenant that will suit your premises. I cannot highly recommend GrayJohnson any more for they work hard to achieve the best outcome for their clients.

Edward McDermott

DCM Lawyers

GrayJohnson were able to find us our new offices quickly and diligently. They continue to be professional and reliable in the management of our tenancy and are always available to assist with any matter if required.

Matt Marshall

Smart Freight

Rory White helped us sell our offices in Richmond. He was professional, accessible and passionate about getting a good result (which he did). I would definitely use again.

Trent O'Sullivan

Balance Advertising

I loved the fact that they had my back, negotiated hard and kept me up to speed through the whole process. The fact is they know what they're talking about, they have the insights and I benefited from that.

Sonya Miller

Armitage Jones

We would like to put on record our genuine appreciation and commendation for the services provided by the GrayJohnson sales team. The final negotiations were handled with the utmost professionalism and skill.

Matt Power

Balance Property Partners

GrayJohnson achieved two property sales in difficult markets with limited buyers and a difficult finance/banking environment. In both cases, Matt, Rory and the team at GrayJohnson worked hard to ensure a result for both vendors.